Weekly Forex Forecast: GBP/USD and Gold Analysis | March 2023
In this weekly forex forecast, we analyze two major currency pairs - GBP/USD and Gold (XAU/USD) - to help you stay up-to-date with the latest market trends.
Firstly, we dive into GBP/USD, where we see a possible continuation of the current uptrend towards 1.2450 if the price can break through the key resistance level. However, if it fails to break the resistance, we may see a potential reversal from that level.
Next, we examine the price of Gold (XAU/USD), which has been trading in a tight range for some time now. Our technical analysis suggests a potential downside move in the near term, but as always, it's important to keep an eye on any news or events that may impact the market sentiment.
Overall, our analysis is designed to provide you with the insights you need to make informed trading decisions. So sit back, relax, and let's dive into this week's forecast!
Don't forget to like and subscribe for more weekly forex updates and analysis.
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