Daily Pivots: (S1) 1.3435; (P) 1.3477; (R1) 1.3507; More… GBP/USD is still bounded in consolidations below 1.3598. Intraday bias bias stays neutral first. Further rise is still in favor with 1.3379 support intact. On the upside, sustained break of 61.8% retracement of 1.3867 to 1.3158 at 1.3596 will pave the way to retest 1.3867 high. […]
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John Matthews