GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3224; (P) 1.3318; (R1) 1.3390; More… Intraday bias in GBP/USD remains on the downside at this point. Sustained break of 55 day EMA (now at 1.3181) should confirm another rejection by 1.3514 key resistance. Deeper decline would be seen back to 1.2675 support next. On the upside, above 1.3324 minor resistance will
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3224; (P) 1.3318; (R1) 1.3390; More… Intraday bias in GBP/USD remains on the downside at this point. Sustained break of 55 day EMA (now at 1.3181) should confirm another rejection by 1.3514 key resistance. Deeper decline would be seen back to 1.2675 support next. On the upside, above 1.3324 minor resistance will […]

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

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