Daily Pivots: (S1) 1.2079; (P) 1.2256; (R1) 1.2355; More… A short term top is formed at 1.2445 in GBP/USD on bearish divergence condition in 4 hour MACD. Intraday bias is back on the downside for 55 day EMA (now at 1.1865). Firm break there will target 38.2% retracement of 1.0351 to 1.2445 at 1.1645. For […]
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