GBP/USD Mid-Day Outlook

Cable's failure to stay above 1.8787 minor resistance and subsequent break of 1.8603 minor support argues that decline from 2.0150 is still in progress. Intraday bias is flipped back to the downside for 1.8151 and break will confirm such decline has resumed for 100% projection of 2.1161 to 1.9337 from...



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[Source: Action Insight - Forex Analysis (ActionForex.com)]



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