GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2659; (P) 1.2732; (R1) 1.2784; More… GBP/USD’s decline from 1.3141 extends to as low as 1.2618 so far today, and met 38.2% retracement of 1.1801 to 1.3141 at 1.2629 already. There is no sign of bottoming yet and intraday bias remains on the downside. Sustained trading below 1.2678 support turned resistance will […]

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

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