GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2135; (P) 1.2166; (R1) 1.2223; More… GBP/USD’s consolidation from 1.2036 is still in progress and intraday bias remains neutral. Outlook will stay bearish as long as 1.2270 resistance holds. Break of 1.2026 will resume the fall from 1.3141. Sustained trading below 1.2075 fibonacci level would carry larger bearish implication, and target 1.1801 […]

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