GBP/USD Mid-Day Outlook

GBP/USD Mid-Day Outlook

GBP/USD's pullback from 1.6343 extends further to as low as 1.6124 in early US session and deeper decline would still be seen. But after all, another rise remains in favor as long as 1.6030 support holds Above 1.6207 minor resistance will flip bias back to the upside. Further break of<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/GFeBeZLCfHY" height="1" width="1"/>

Source: GBP/USD Mid-Day Outlook