Daily Pivots: (S1) 1.2250; (P) 1.2290; (R1) 1.2362; More.. GBP/USD’s recovery from 1.2154 extends higher today but stays below 1.2637 resistance. Intraday bias remains neutral first and outlook remains bearish. On the downside, break of 1.2154 will resume the down trend from 1.4248 to 200% projection of 1.3641 to 1.2999 from 1.3297 at 1.2013 next. […]

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