GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2052; (P) 1.2077; (R1) 1.2102; More… Intraday bias in GBP/USD is turned neutral with current recovery and some more consolidations could be seen. But 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 […]

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