GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2122; (P) 1.2162; (R1) 1.2221; More… GBP/USD’s rise from 1.1801 resumed today and intraday bias is back on the upside. Further rally should be seen to retest 1.2445/6 resistance zone. As noted before, corrective pattern from 1.2445 could have completed with three waves to 1.1801 already. Firm break of 1.2445/6 will resume […]

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