Daily Pivots: (S1) 1.2875; (P) 1.2927; (R1) 1.2970; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further decline is expected as long as 1.3042 resistance holds. Below 1.2842 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition in 4H MACD, firm […]
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