Trading Strategies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3266; (P) 1.3429; (R1) 1.3513; More… GBP/USD retreats notably after failing to break through 1.3624 resistance. Intraday bias remains neutral and some more consolidations could be seen. On the upside, break of 1.3624 will resume whole rise form 1.1409. Next target is 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956.
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3266; (P) 1.3429; (R1) 1.3513; More… GBP/USD retreats notably after failing to break through 1.3624 resistance. Intraday bias remains neutral and some more consolidations could be seen. On the upside, break of 1.3624 will resume whole rise form 1.1409. Next target is 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956. […]

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

Leave a Reply

Your email address will not be published. Required fields are marked *