GBP USD weekly forcast 23 to 27 may 2016

GBP USD weekly forcast 23 to 27 may 2016 GBP USD pair this week closed at 1.4495 with gain. After last 2 weeks correction pound resumed recovery rally and closed with strong gains.     For next week, gbpusd forex outlook remain bullish and strategy remind buy on dips. For next week, gbp usd support zones are 1.4270 and 1.4170 while on upside 1.4525 and 1.46 are resistance levels.     Gbp usd monthly chart looks bearish and suggesting fresh low in medium to longer terms.

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Pramod Baviskar

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