GBP/USD Mid-Day Outlook

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Daily Pivots: (S1) 1.3130; (P) 1.3206; (R1) 1.3270; More… Focus stays on 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Decisive break there will complete a double top pattern (1.3787/3725) and turn near term outlook bearish. Deeper decline should then be seen to 61.8% retracement at 1.2744 next. On the upside, above 1.3247 […]The post GBP/USD Mid-Day Outlook appeared first on Action Forex.