Daily Pivots: (S1) 1.2368; (P) 1.2414; (R1) 1.2495; More… Intraday bias in GBP/USD remains neutral for the moment. Near term outlook stays bearish as long as 1.2538 support turned resistance holds. Break of 1.2421 minor support will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of 1.2538 […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.