Trading Strategies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3298; (P) 1.3346; (R1) 1.3401; More… GBP/USD is still staying below 1.3539 short term top. Intraday bias remains neutral first. On the downside, break of 1.3223 will target 55 day EMA (now at 1.3170) first. Sustained break there will confirm another rejection by 1.3514 key resistance. Deeper fall should be seen back
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3298; (P) 1.3346; (R1) 1.3401; More… GBP/USD is still staying below 1.3539 short term top. Intraday bias remains neutral first. On the downside, break of 1.3223 will target 55 day EMA (now at 1.3170) first. Sustained break there will confirm another rejection by 1.3514 key resistance. Deeper fall should be seen back […]

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

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