GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1813; (P) 1.1836; (R1) 1.1868; More… Intraday bias in GBP/USD remains neural first. Firm break of 1.1914 resistance turned support will indicate short term bottoming, and bring stronger rebound to 55 day EMA (now at 1.2055). On the downside, though, break of 1.1801 will resume the fall form 1.2446 to 38.2% retracement […]

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