Daily Pivots: (S1) 1.2240; (P) 1.2306; (R1) 1.2375; More… GBP/USD’s decline continues today and intraday bias stays on the downside. Sustained trading below 1.2256 fibonacci level will carry larger bearish implications. Next target is 61.8% projection of 1.3433 to 1.2486 from 1.2810 at 1.1863. On the upside, break of 1.2532 minor resistance will turn intraday […]
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