Daily Pivots: (S1) 1.3386; (P) 1.3463; (R1) 1.3511; More… GBP/USD’s break of 1.3283 support suggests short term topping at 1.3539. Intraday bias is back on the downside for 55 day EMA (now at 1.3152) first. Sustained break there will confirm another rejection by 1.3514 key resistance. Deeper fall should be seen back to 1.2675 support
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3386; (P) 1.3463; (R1) 1.3511; More… GBP/USD’s break of 1.3283 support suggests short term topping at 1.3539. Intraday bias is back on the downside for 55 day EMA (now at 1.3152) first. Sustained break there will confirm another rejection by 1.3514 key resistance. Deeper fall should be seen back to 1.2675 support […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.