Daily Pivots: (S1) 1.1929; (P) 1.1996; (R1) 1.2076; More… GBP/USD’s break of 1.2055 minor resistance confirms short term bottoming at 1.1759, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside for 55 day EMA (now at 1.2258). Sustained trading above there will pave the way to 1.2405 resistance and […]
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