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Daily Pivots: (S1) 204.32; (P) 204.86; (R1) 205.57; More… Intraday bias in GBP/JPY is turned neutral first. Corrective fall from 208.09 short term top could still extend lower. Break of 203.82 would target 38.2% retracement of 191.34 to 208.09 at 201.69. Strong support is expected there to bring rebound. On the upside, above 206.35 minor […]

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GBP/USD Daily Outlook

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22/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6376; (P) 0.6404; (R1) 0.6447; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6361 is extending. Upside of recovery should be limited by 0.6480 support turned resistance to bring another decline. On the downside, break of 0.6361 will resume the fall from 0.6870 to 100% projection of 0.6870 to 0.6442 […]
30/11/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2662; (P) 1.2697; (R1) 1.2730; More… Intraday bias in GBP/USD remains neutral for the moment, and more consolidations could be seen below 1.2731. For now, further rally is in favor as long as 1.2426 resistance turned support holds. On the upside, sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 […]
12/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8589; (P) 0.8603; (R1) 0.8612; More… EUR/GBP is extending the consolidation from 0.8585 temporary low and intraday bias stays neutral. Further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low […]