GBP/USD Review, December 14-18, 2020 | worldforex
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GBP/USD Review, December 14-18, 2020
14 December 2020

The currency pair still goes within the ascending channel and corrected last week. GBP/USD’s downtrend was caused by the worse NIESR GDP forecasts. 

We expect the currency pair to test 1.3267 again this week. If GBP/USD manages to break it out, it will stay within the ascending channel. Otherwise, there is a probability to test the lower side of the channel again.

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