Weak Pound - Weekly Chart, Don't Panic!

FX:GBPUSD   British Pound / U.S. Dollar
The Pound is weak, but look how previously it has held that original 50% fib level @ 1.52742.

I'll be keeping one eye on this larger time frame. Hopefully we will see a nice bounce before xmas or the winter may be a very dark and cold one for those of us here in the UK.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.