GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2079; (P) 1.2256; (R1) 1.2355; More… Intraday bias in GBP/USD remains on the downside for the moment. Fall from 1.2445 short term top should target 55 day EMA (now at 1.1865). Firm break there will target 38.2% retracement of 1.0351 to 1.2445 at 1.1645. For now, risk will stay on the downside […] The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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