Daily Pivots: (S1) 1.2291; (P) 1.2333; (R1) 1.2359; More… GBP/USD is still extending consolidation pattern from 1.2099 and intraday bias remains neutral. Further decline is expected with 1.2486 support turned resistance intact. On the downside, break of 1.2099 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2486 from 1.2810 at 1.1863. […]
The post GBP/USD Daily Outlook appeared first on Action Forex.