Daily Pivots: (S1) 1.2146; (P) 1.2219; (R1) 1.2257; More… Range trading continues in GBP/USD and intraday bias remains neutral at this point. Outlook stays bearish as long as 1.2666 resistance holds. On the downside, break of 1.1932 will resume larger down trend from 1.4248. However, firm break of 1.2666 will suggest medium term bottoming and […]

The post GBP/USD Daily Outlook appeared first on Action Forex.