GBP/USD Mid-Day Outlook

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GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1456; (P) 1.1508; (R1) 1.1556; More… GBP/USD’s break of 1.1608 minor resistance suggests short term bottoming at 1.1404, on bullish convergence condition in 4 hour MACD, after defending 1.1409 low. Intraday bias is back on the upside for 55 day EMA (now at 1.1942). On the downside, decisive break of 1.1409 will […]

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