gbp usd weekly outlook for 6 to 10 june 2016

gbp usd weekly outlook for 6 to 10 june 2016 Gbp usd pair this week closed with loss at 1.4511. After last 2 weeks rally pound saw some profit booking and closed with losses. For next week, pound dollar pair might remain bearish and trading strategy will be sell on rise.   Gbp usd weekly chart support zones are 1.4350 and then 1.4130. These are downside target zones for pound. On upside 1.4625 and 1.4750 are weekly chart resistance levels as well as fresh short entry zones. On monthly chart, gbp usd looks topped out and might continue to fall down in medium to long term view.

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