GBP/USD Mid-Day Outlook




Daily Pivots: (S1) 1.2369; (P) 1.2432; (R1) 1.2471; More… Intraday bias in GBP/USD is turned neutral first with current recovery. Deeper decline is in favor as long as 1.2545 resistance holds. Fall from 1.2678 is seen as correcting whole up trend from 1.0351. Sustained trading below 55 D EMA (now at 1.2392) will affirm this […]

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