GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3841; (P) 1.3877; (R1) 1.3942; More… Intraday bias in GBP/USD is turned neutral a it retreats notably after hitting 1.3917. At this point, we’re still favoring the case the corrective fall from 1.4240 has completed at 1.3669. Break of 1.3917 will target 1.4000 resistance first. Decisive break there should confirm this bullish
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3841; (P) 1.3877; (R1) 1.3942; More… Intraday bias in GBP/USD is turned neutral a it retreats notably after hitting 1.3917. At this point, we’re still favoring the case the corrective fall from 1.4240 has completed at 1.3669. Break of 1.3917 will target 1.4000 resistance first. Decisive break there should confirm this bullish […]

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

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