Trading Strategies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3791; (P) 1.3828; (R1) 1.3857 More…. Intraday bias in GBP/USD is turned neutral with today’s recovery. Correction from 1.4240 could still extend lower to 38.2% retracement of 1.2675 to 1.4240 at 1.3642. We’d look for some support from there to bring rebound. On the upside, break of 1.4016 minor resistance will argue
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3791; (P) 1.3828; (R1) 1.3857 More…. Intraday bias in GBP/USD is turned neutral with today’s recovery. Correction from 1.4240 could still extend lower to 38.2% retracement of 1.2675 to 1.4240 at 1.3642. We’d look for some support from there to bring rebound. On the upside, break of 1.4016 minor resistance will argue […]

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

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