GBP/USD Weekly Candlesticks & Ichimoku Chart
With GBP/USD piercing below the bottom of the weekly Ichimoku cloud, the long term downtrend has resumed. With the technical and fundamental outlook both pointing in the same direction, the lows of 1.2000 are likely to be revisited unless something changes dramatically in time to come.
GBP/EUR Weekly Candlesticks & Ichimoku Chart
With GBP/EUR also trading below the weekly Ichimoku cloud, the weakness of GBP is not just a symptom of USD strength. GBP could be facing dark days ahead…
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