Daily Pivots: (S1) 1.2039; (P) 1.2088; (R1) 1.2129; More… At this point, intraday bias in GBP/USD stays mildly on the downside. Rebound from 1.1759 should have completed after hitting 55 day EMA. Deeper fall would be seen back to retest 1.1759 low. On the upside, break of 1.2292 will resume the rebound towards 1.2405 resistance […]
The post GBP/USD Daily Outlook appeared first on Action Forex.