Daily Pivots: (S1) 1.3085; (P) 1.3134; (R1) 1.3185; More… Intraday bias in GBP?USD remains neutral as consolidation from 1.2999 is extending. Outlook remains bearish with 1.3297 resistance intact, and further decline is expected. On the downside, break of 1.2999 low will resume larger down trend from 1.4248. However, firm break of 1.3297 will turn bias […]
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Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE Read more…
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