Daily Pivots: (S1) 1.3844; (P) 1.3930; (R1) 1.3981 More…. GBP/USD’s break of 1.3828 support now suggests that deeper correction is underway. Intraday bias is back on the downside for 38.2% retracement of 1.2675 to 1.4240 at 1.3642 first. Break there will target 61.8% retracement at 1.3273 next. On the upside, break of 1.4016 resistance is
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3844; (P) 1.3930; (R1) 1.3981 More…. GBP/USD’s break of 1.3828 support now suggests that deeper correction is underway. Intraday bias is back on the downside for 38.2% retracement of 1.2675 to 1.4240 at 1.3642 first. Break there will target 61.8% retracement at 1.3273 next. On the upside, break of 1.4016 resistance is […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.