Daily Pivots: (S1) 1.1885; (P) 1.1985; (R1) 1.2069; More… Intraday bias in GBP/USD is turned neutral with today’s recovery. On the downside, break of 1.1899 and sustained trading below 55 day EMA (now at 1.1925) will target 38.2% retracement of 1.0351 to 1.2445 at 1.1645 next. However, strong rebound from 55 day EMA, followed by […]
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