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GBP/USD Outlook Dec. 16-20
GBP/USD posted modest gains on the week, closing at 1.6375. It’s a very busy week, with 17 releases on the schedule. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD. British releases were uneventful last week. In the US, Unemployment Claims jumped but retail sales improved in November. Updates: GBP/USD graph with support and resistance lines on it. Click to enlarge: GBP_USD Dec 16-20_technical Rightmove HPI: Monday, 00:01. This house inflation indicator is an important gauge of activity in the housing market. The index posted a decline of 2.4% last month, its ... (full story)
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