GBP/USD Mid-Day Outlook

Intraday bias in GBP/USD remains neutral and some more consolidations could be seen above 1.5780 temporary low. But upside of recovery is expected to be limited below 1.6140 resistance and bring fall resumption. Below 1.5780 will target 61.8% projection of 1.6546 to 1.5911 from 1.6140 at 1.5748 and then 100% projection at 1.5505.

Tagged with: currency forecast • forex market outlook • Forex Signal • fx trading signal

Filed under: Action Forex Market Outlook

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