Trading Strategies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3819; (P) 1.3872; (R1) 1.3942 More…. GBP/USD is staying in correction from 1.4240 and outlook is unchanged. With 1.4016 minor resistance intact, deeper decline could be seen 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
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.3819; (P) 1.3872; (R1) 1.3942 More…. GBP/USD is staying in correction from 1.4240 and outlook is unchanged. With 1.4016 minor resistance intact, deeper decline could be seen 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 […]

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

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