Thursday 5 May 2022

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2513; (P) 1.2575; (R1) 1.2699; More… GBP/USD is still bounded in consolidation from 1.2410 and intraday bias remains neutral. Stronger rebound cannot be ruled out, but upside should be limited below 1.2999 support turned resistance. On the downside, break of 1.2410 will target 161.8% projection of 1.3641 to 1.2999 from 1.3297 at […] The post GBP/USD Daily Outlook appeared first on Action Forex.
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