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GBP/USD: Near Term Action Weighed by Rejection Under Weekly Cloud

GBP/USD: Near Term Action Weighed by Rejection Under Weekly Cloud
Bears are taking a breather in European trading on Monday after strong acceleration on Thu/Fri which resulted in a weekly loss of 1.7% (the biggest weekly fall since the third week of September). Formation of Doji reversal pattern on a weekly chart, following a multiple rejection under the base of falling weekly cloud weighs on […] The post GBP/USD: Near Term Action Weighed by Rejection Under Weekly Cloud appeared first on Action Forex... Read More
Posted: Feb 6 2023, 11:33
Author Name: actionforex
Views: 110669

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