GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2693; (P) 1.2737; (R1) 1.2763; More… GBP/USD breached 1.2796 resistance briefly but failed to sustain above there. Initial bias stays neutral first. On the downside, below 1.2618, and sustained trading below 1.2678 resistance turned support will argue that it’s already in a larger correction. Deeper decline would then be seen to 1.2306 […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

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