GBPUSD Outlook

Daily Pivots: (S1) 1.2085; (P) 1.2131; (R1) 1.2156; More Intraday bias in GBP/USD remains neutral as it’s still bounded in range of 1.2036/2336. Downside breakout is in favor with 1.2336 resistance intact. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 for 1.1801 support next. However, break of 1.2336 will turn

Daily Pivots: (S1) 1.2085; (P) 1.2131; (R1) 1.2156; More GBP/USD is still bounded in range above 1.2036 and intraday bias stays neutral. Downside breakout is still in favor with 1.2336 resistance intact. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 for 1.1801 support next. However, break of 1.2336 will turn

Daily Pivots: (S1) 1.2113; (P) 1.2201; (R1) 1.2249; More No change in GBP/USD’s outlook as consolidation from 1.2036 is extending. Downside breakout is still mildly in favor. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 for 1.1801 support next. However, break of 1.2336 will turn bias back to the upside

Daily Pivots: (S1) 1.2113; (P) 1.2201; (R1) 1.2249; More GBP/USD is extending the consolidation pattern from 1.2036 and intraday bias remains neutral. Downside breakout is still mildly in favor. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 for 1.1801 support next. However, break of 1.2336 will turn bias back to

Daily Pivots: (S1) 1.2174; (P) 1.2216; (R1) 1.2290; More Intraday bias in GBP/USD remains neutral as range trading continues between 1.2036/2336. Downside breakout is still mildly in favor. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 for 1.1801 support next. However, break of 1.2336 will turn bias back to the

Daily Pivots: (S1) 1.2174; (P) 1.2216; (R1) 1.2290; More GBP/USD is staying in range of 1.2036/2336 despite current recovery. Intraday bias remains neutral for the moment, and downside breakout is mildly in favor. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 for 1.1801 support next. However, break of 1.2336 will

Daily Pivots: (S1) 1.2115; (P) 1.2143; (R1) 1.2192; More Sideway trading continues in GBP/USD and intraday bias remains neutral. Downside breakout is in favor with 1.2336 resistance intact. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 for 1.1801 support next. However, break of 1.2336 will turn bias back to the