GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3706; (P) 1.3786; (R1) 1.3831; More…. Intraday bias in GBP/USD remains on the downside at this point. Correction from 1.4240 is in progress for 38.2% retracement of 1.2675 to 1.4240 at 1.3642. We’d expect strong support from there to bring rebound. On the upside, break of 1.4000 resistance will bring retest of
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3706; (P) 1.3786; (R1) 1.3831; More…. Intraday bias in GBP/USD remains on the downside at this point. Correction from 1.4240 is in progress for 38.2% retracement of 1.2675 to 1.4240 at 1.3642. We’d expect strong support from there to bring rebound. On the upside, break of 1.4000 resistance will bring retest of […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

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