GBPUSD Price Forecast and Technical Analysis for 17th April 2023

 GBPUSD Price Forecast and Technical Analysis for 17th April 2023

Although the General Outlook of GBPUSD is Bullish, The Fundamentals will play a role for the Bulls to continue the ride.  Red News coming up on Tue & Wed will largely determine the trend of GBPUSD. GU is currently at area of Resistance on the weekly timeframe.  I will like to see a retest in the BOS in the 4H time frame together with a Negative GBP Data before going with the Bears.

GBPUSD Technical Analysis for  17th April 2023