Logo-color Logo-white

Daily Pivots: (S1) 0.8442; (P) 0.8453; (R1) 0.8463; More… Intraday bias in EUR/GBP remains neutral first as consolidations continue above 0.8396. Outlook will remain bearish as long as 0.8482 support turned resistance holds. Below 0.8396 will resume larger down trend to 0.8376 projection level next. In the bigger picture, down trend from 0.9267 (2022 high) […]

The post EUR/GBP Daily Outlook appeared first on Action Forex.

previous

USD/JPY Mid-Day Outlook

next

EUR/USD Daily Outlook

Read More

29/11/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.39; (P) 187.96; (R1) 188.32; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. Some more consolidations could be seen below 188.63 temporary top first. But near term outlook will stay bullish as long as 184.44 support holds. Break of 188.63 will resume larger up trend. In the bigger […]
27/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2679; (P) 1.2711; (R1) 1.2740; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further rise should be seen through 1.2826 to resume the rise from 1.2036. Next target will be 1.3141 high. On the […]
22/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0877; (P) 1.0888; (R1) 1.0908; More… Intraday bias in EUR/USD remains neutral for consolidation above 1.0843 temporary low. But further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. […]