Daily Pivots: (S1) 1.2187; (P) 1.2248; (R1) 1.2283; More GBP/USD’s break of 55 4H EMA (now at 1.2246) argues that corrective recovery from 1.2036 has completed with three waves up to 1.2426. That came after rejection by 38.2% retracement of 1.3141 to 1.2036 at 1.2458. Intraday bias is back on the downside for retesting 1.2036/68 […]
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