Daily Pivots: (S1) 1.2793; (P) 1.2920; (R1) 1.3007; More… Range trading continues in GBP/USD and intraday bias stays neutral. With 1.3047 resistance intact, further decline is still expected. Firm break of 1.2842 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition in 4H MACD, […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.