GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2717; (P) 1.2762; (R1) 1.2810; More

In the bigger picture, the strong support from 55 W EMA (now at 1.2345) is a medium term bullish sign. Outlook will stay bullish as long as 1.2306 support holds. Rise from 1.0351 medium term bottom (2022 low) is expected to extend further to retest 1.4248 key resistance (2021 high).

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