GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2121; (P) 1.2226; (R1) 1.2281; More Intraday bias in GBP/USD remains mildly on the downside at this point. Recovery from 1.2035 should have completed at 1.2336, after hitting falling channel resistance. Deeper decline would be seen to retest 1.2036 low. Decisive break there will resume larger fall from 1.3141. On the upside, […]

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