GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… GBP/USD recovers today but stays in consolidation from 1.2793. Intraday bias remains neutral for the moment. While sideway trading could extend, further rally is still expected as long as 1.2499 support holds. . On the upside, firm break of 1.2793 will resume the rally from 1.2036. […]

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