Daily Pivots: (S1) 1.2242; (P) 1.2439; (R1) 1.2552; More… Intraday bias in GBP/USD remains on the downside for 161.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2258. Break will target 200% projection at 1.2013 next. On the upside, break of 1.2637 resistance is needed to indicate short term bottoming. Otherwise, outlook will remain bearish […]

The post GBP/USD Daily Outlook appeared first on Action Forex.