Daily Pivots: (S1) 1.2368; (P) 1.2414; (R1) 1.2495; More… Near term outlook in GBP/USD remains bearish as long as 1.2538 support turned resistance. holds. Break of 1.2421 minor support will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of 1.2538 will bring stronger rally to 55 D […]

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