GBPUSD Weekly Technical Outlook
Resistance Levels: R1 1.2420 R2 1.2423 R3 1.2427
Support Levels: S1 1.2413 S2 1.2409 S3 1.2406
Sentiments Long bullish
GBP/USD saw dip-buying trades as softer US CPI revived Federal Reserve doves.
Focus shifts to United Kingdom top-tier data for extension of the GBP/USD rally.
GBP/USD confirmed a bull flag, opening the door for a test of 1.2900 and beyond.