GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2341; (P) 1.2381; (R1) 1.2408; More… Intraday bias in GBP/USD’s remains neutral as corrective pattern from 1.2099 is still extending. Stronger recovery might be seen but upside should be limited by 38.2% retracement of 1.3433 to 1.2099 at 1.2609. On the downside, break of 1.2248 support will bring retest of 1.2099 low. […]

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