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GBP/USD Daily Outlook

Analytic Dave

May 16, 2026

Daily Pivots: (S1) 1.3352; (P) 1.3442; (R1) 1.3490; More… GBP/USD’s steep decline today suggests that rebound from 1.3158 has already completed at 1.3657. Intraday bias is back on the downside for retesting 1.3158. Decisive break there will target 100% projection of 1.3867 to 1.3158 from 1.3657 at 1.2948. For now, risk will stay on the […]

The post GBP/USD Daily Outlook appeared first on ActionForex.

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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