GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2461; (P) 1.2490; (R1) 1.2533; More… GBP/USD’s rise form 1.2036 is extending and intraday bias stays on the upside. Current rally should target 61.8% retracement of 1.3141 to 1.2036 at 1.2716 next. On the downside, break of 1.2372 support is needed to indicate short term topping. Otherwise, further rally will remain in […]

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