Daily Pivots: (S1) 1.2625; (P) 1.2643; (R1) 1.2670; More… Further rise could be seen in GBP/USD with 1.2480 minor support intact. Sustained of 55 day EMA (now at 1.2752) will target 1.2999 support turned resistance. On the downside, though, break of 1.2480 minor support will turn bias back to the downside for retesting 1.2154 low […]
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GBPUSD finds strong support in 1.2480 region But upside momentum struggles to take off GBPUSD has managed to hold above the 1.2500 mark this week following last week’s post-Fed tumble that pulled the pair to Read more…
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