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.
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.
