Daily Pivots: (S1) 1.2732; (P) 1.2770; (R1) 1.2802; More… Intraday bias in GBP/USD remains neutral at this point. Further is expected with 1.2687 support intact. Break of 1.2859 will target 1.2892 resistance. Decisive break there will strengthen the case that correction from 1.3141 has completed, and bring further rally to retest this high. However, firm […]
Daily Pivots: (S1) 1.2653; (P) 1.2724; (R1) 1.2835; More… Intraday bias in GBP/USD is turned neutral with current retreat. Some consolidations would be seen but outlook will stay bullish as long as 1.2499 support holds. On the upside, break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% projection of 1.2068 to […]
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