GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3875; (P) 1.3906; (R1) 1.3967 More…. Outlook in GBP/USD remains unchanged and intraday bias stays neutral. Correction from 1.4240 could still extend lower through 1.3777. But downside should be contained by 38.2% retracement of 1.2675 to 1.4240 at 1.3642 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) 1.3875; (P) 1.3906; (R1) 1.3967 More…. Outlook in GBP/USD remains unchanged and intraday bias stays neutral. Correction from 1.4240 could still extend lower through 1.3777. But downside should be contained by 38.2% retracement of 1.2675 to 1.4240 at 1.3642 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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