Daily Pivots: (S1) 1.2919; (P) 1.2981; (R1) 1.3025; More… GBP/USD is still bounded in consolidation above 1.2906 and intraday bias remains neutral. Further decline is expected as long as 1.3070 minor resistance holds. Below 1.2906 will target 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bearish divergence condition in 4H MACD, firm break […]
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