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Daily Pivots: (S1) 1.3011; (P) 1.3041; (R1) 1.3083; More… Intraday bias in GBP/USD remains neutral as consolidations continue above 1.2973. . On the upside, firm break of 1.3102 resistance will argue that pullback from 1.3433 has completed, and turn bias back to the upside for stronger rebound. On the downside, however, sustained break of 1.3000 […]

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28/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8456; (P) 0.8466; (R1) 0.8478; More… No change in EUR/GBP’s outlook and intraday bias remains neutral. Further decline is expected with 0.8482 support turned resistance intact. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break there will resume larger down trend to 0.8376 projection level […]
23/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2949; (P) 1.2982; (R1) 1.3019; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3433 is in progress. Sustained trading below 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) will argue that whole rise from 1.2298 has completed and bring deeper fall to 61.8% retracement at […]
18/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.78; (P) 157.55; (R1) 159.06; More…. Intraday bias in EUR/JPY remains neutral for the moment. Further decline is expected as long as 158.71 resistance holds. Decisive break of 154.40 low will resume whole decline from 175.41 to 153.15 support, and possibly further to 152.11 fibonacci level. However, firm break of 158.71 will […]