GBP/USD Mid-Day Report
Daily Pivots: (S1) 1.2766; (P) 1.2788; (R1) 1.2812; More….. GBP/USD dips notably in early US session but stays above 1.2693 support. Intraday bias remains neutral first. Considering bearish divergence condition in 4H MACD, firm break of 1.2693 will turn bias back to the downside for 55 D EMA (now at 1.2646) and possibly below. Nevertheless, […] The post GBP/USD Mid-Day Report appeared first on Action Forex.
Daily Pivots: (S1) 1.2766; (P) 1.2788; (R1) 1.2812; More….. GBP/USD dips notably in early US session but stays above 1.2693 support. Intraday bias remains neutral first. Considering bearish divergence condition in 4H MACD, firm break of 1.2693 will turn bias back to the downside for 55 D EMA (now at 1.2646) and possibly below. Nevertheless, […]
The post GBP/USD Mid-Day Report appeared first on Action Forex.