GBP/USD Weekly Outlook: Speculative price range for GBP/USD is 1.24250 to 1.26560 : Because the holidays are now approaching and this week will see extremely light volume after this Wednesday going into the weekend, GBP/USD traders will need to take precautions. Because of the price velocity seen late this past week, it is possible a reaction will occur on Monday and Tuesday. The low last Friday near the 1.24950 ratio was a sign additional pressure is a possibility in the days ahead. Betting against the bearish trend in the GBP/USD in the coming days may prove to be expensive. If the GBP/USD remains under the 1.26000 level in the near-term this could be a sign that financial institutions may remain quite nervous about their outlooks and are unwilling to bet on upside suddenly emerging. Risk management in the GBP/USD and all of Forex this coming week will be important and there is a chance volatility will remain evident early. #mytradingstory# #OPINIONLEADER# #Signal# #COPYTRADE# #GOLDTODAY# #Fed# #Signal# #BankofJapan# #BeginnerTrader#