Daily Pivots: (S1) 1.3852; (P) 1.3901; (R1) 1.3949; More…. GBP/USD is holding in range above 1.3777 despite today’s decline. Intraday bias remains neutral first. On the downside, below 1.3777 will extend the correction from 1.4240 with another fall. But downside should be contained by 38.2% retracement of 1.2675 to 1.4240 at 1.3642 to bring rebound.
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3852; (P) 1.3901; (R1) 1.3949; More…. GBP/USD is holding in range above 1.3777 despite today’s decline. Intraday bias remains neutral first. On the downside, below 1.3777 will extend the correction from 1.4240 with another fall. But downside should be contained by 38.2% retracement of 1.2675 to 1.4240 at 1.3642 to bring rebound. […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.