Daily Pivots: (S1) 1.3781; (P) 1.3850; (R1) 1.3898; More… GBP/USD’s sharp decline now suggests that recovery from 1.3669 has completed at 1.3917. More importantly, whole correction from 1.4240 is still in progress. Intraday bias is back on the downside for 1.3669. Firm break there will target 1.3482 resistance turned support next. For now, risk will […]
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