Daily Pivots: (S1) 1.2042; (P) 1.2131; (R1) 1.2176; More… Intraday bias in GBP/USD remains on the downside and outlook is unchanged. Sustained trading below 1.2075 fibonacci level would carry larger bearish implication. Fall from 1.3141 should then target 1.1801 support next. On the upside, break of 1.2270 resistance is needed to indicate short term bottoming. […]
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