Daily Pivots: (S1) 1.1832; (P) 1.1955; (R1) 1.2036; More… Intraday bias in GBP/USD remains on the downside at this point. Sustained trading below 55 day EMA (now at 1.19383) will extend the fall from 1.2445 to 38.2% retracement of 1.0351 to 1.2445 at 1.1645 next. However, strong rebound from 55 day EMA, followed by break […]
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