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AntonKolhanov
Dec 27, 2022 11:48 AM

Weekly Forecast (December 27 – 30, 2022) Short

British Pound/U.S. DollarFXCM

Description

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1.2105, which will be followed by moving up to resistance level 1.2300.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1.2105, which will be followed by reaching support level 1.1905.
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