Forextuitions

GBPUSD Weekly Forecast ( 22June-26th June)

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FX:GBPUSD   Libra Esterlina/Dólar Americano
The 4-hour right side is down against 12/13/2019 peak (1.3522) & shows a bearish sequence. 1 hour is also down in short term cycles against 1.2689 high. Near-term, while bounces fail below there expect pair to extend lower 1 more push before the last leg higher against 12/13/2019 peak can be seen to complete the 7 swings from March lows & resuming the downside.

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