GBP USD fresh breakdown target 1.48

gbp usd weekly forecast for 30 nov. to 4 dec 2015
gbp usd this week closed at 1.5028 with loss.
this was second losing week for pound with fresh breakdown signal.
pound inching towards previous bottoms of 1.48 and 1.4550.
gbp usd weekly support zones will be 1.48 and 1.46.
gbp usd weekly resistance zones will be 1.52 and 1.5280.

pound following euro and outlook remain weak for next week.
on downside previous major weekly bottoms are 1.48 and 1.4550
and these will be medium term targets for gbpusd.

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Pramod Baviskar

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