Thursday 5 May 2022

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2513; (P) 1.2575; (R1) 1.2699; More… GBP/USD’s down trend resumes by breaking through 1.2410 support. Intraday bias is back on the downside for 161.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2258. Break will target 200% projection at 1.2013 next. On the upside, break of 1.2637 resistance is needed to indicate […] The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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