Daily Pivots: (S1) 1.1993; (P) 1.2081; (R1) 1.2158; More… Outlook in GBP/USD is unchanged. Intraday bias remains 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 […]
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Veteran strategist Tom Lee believes the stock market can still rally sharply, despite the risk of a major drawdown in the back half of the year. The Fundstrat co-founder believes the recent market choppiness has Read more…