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Daily Pivots: (S1) 1.3505; (P) 1.3583; (R1) 1.3631; More… GBP/USD’s break of 55 D EMA (now at 1.3486) suggests that rebound from 1.3140 has completed at 1.3725. Fall from there is seen as the third leg of the corrective pattern from 1.3787. Intraday bias is back on the downside for 1.3332 support first. Break there […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
Dollar’s rebound is gathering strong momentum today, surging broadly across the board as markets continue to realign with the Fed’s message from midweek. After being under pressure earlier in the week, the greenback is now positioned to potentially end as one of the strongest performers. Supporting the move, U.S. Treasury yields have extended higher, with […]
The post Dollar Gains Momentum, Outpaces Peers as 10-Year Nears 4.15% appeared first on Action Forex.
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