Daily Pivots: (S1) 1.3344; (P) 1.3411; (R1) 1.3471; More… Intraday bias in GBP/USD remains neutral as range trading continues. On the downside, break of 1.3223 will target 55 day EMA (now at 1.3177) first. Sustained break there will confirm another rejection by 1.3514 key resistance. Deeper fall should be seen back to 1.2675 support next.
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3344; (P) 1.3411; (R1) 1.3471; More… Intraday bias in GBP/USD remains neutral as range trading continues. On the downside, break of 1.3223 will target 55 day EMA (now at 1.3177) first. Sustained break there will confirm another rejection by 1.3514 key resistance. Deeper fall should be seen back to 1.2675 support next. […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.