GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3650; (P) 1.3705; (R1) 1.3735; More…. No change in GBP/USD’s outlook as correction from 1.4240 might extend lower. We’d expect strong support from 38.2% retracement of 1.2675 to 1.4240 at 1.3642 to bring rebound. On the upside, above 1.3800 minor resistance will turn intraday bias neutral first. Further break of 1.4000 resistance
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3650; (P) 1.3705; (R1) 1.3735; More…. No change in GBP/USD’s outlook as correction from 1.4240 might extend lower. We’d expect strong support from 38.2% retracement of 1.2675 to 1.4240 at 1.3642 to bring rebound. On the upside, above 1.3800 minor resistance will turn intraday bias neutral first. Further break of 1.4000 resistance […]

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

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