Trading Strategies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3510; (P) 1.3567; (R1) 1.3638; More… GBP/USD is staying in consolidation form 1.3624 temporary top. Intraday bias remains neutral first. Further rise is expected as long as 1.3134 support holds. Break of 1.3624 will target 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956 next. In the bigger picture, focus stays
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3510; (P) 1.3567; (R1) 1.3638; More… GBP/USD is staying in consolidation form 1.3624 temporary top. Intraday bias remains neutral first. Further rise is expected as long as 1.3134 support holds. Break of 1.3624 will target 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956 next. In the bigger picture, focus stays […]

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

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