Daily Pivots: (S1) 1.3256; (P) 1.3347; (R1) 1.3468; More… GBP/USD recovers notably after hitting 1.3223 and intraday bias is turned neutral first. We’re holding on to the view that a short term top was formed at 1.3539, and deeper fall is in favor. Break of 1.3223 will target 55 day EMA (now at 1.3162) first.
The post GBP/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3256; (P) 1.3347; (R1) 1.3468; More… GBP/USD recovers notably after hitting 1.3223 and intraday bias is turned neutral first. We’re holding on to the view that a short term top was formed at 1.3539, and deeper fall is in favor. Break of 1.3223 will target 55 day EMA (now at 1.3162) first. […]
The post GBP/USD Daily Outlook appeared first on Action Forex.