GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1985; (P) 1.2049; (R1) 1.2094; More… GBP/USD recovers mildly today but stays in tight range. Intraday bias remains neutral for the moment. On the downside, break of 1.1991 will resume the fall from 1.2445 to 55 day EMA (now at 1.1916). Firm break there will target 38.2% retracement of 1.0351 to 1.2445 […] The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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