Daily Pivots: (S1) 1.2455; (P) 1.2522; (R1) 1.2559; More… Intraday bias in GBP/USD stays neutral for the moment. On the downside, break of 1.2457 minor support will suggest that rebound from 1.2154 has completed. Intraday bias will be back on the downside for resting this low. On the upside, above 1.2666 will target 55 day […]
The post GBP/USD Daily Outlook appeared first on Action Forex.
Key Highlights EUR/USD started a downside correction and traded below 1.1320. A connecting bearish trend line is forming with resistance at 1.1330 on the 4-hour chart. GBP/USD is consolidating gains and facing hurdles near the Read more…
Gold opened the week on the back foot as signs of further easing global trade tensions dented demand for safe-haven assets. The White House posted a surprise announcement of a trade agreement with China after Read more…
USDCAD: ⬆️ Buy USDCAD reversed from support area Likely to rise to resistance level 1.3980 USDCAD currency pair recently reversed up from the support area between the support level 1.3800 (which has been reversing the Read more…