Logo-color Logo-white

Daily Pivots: (S1) 1.2624; (P) 1.2654; (R1) 1.2673; More… Intraday bias in GBP/USD remains mildly on the downside for 1.2517/38 support zone. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish. On the upside, however, firm break of 1.2682 will suggest that fall from […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

previous

EUR/USD Mid-Day Outlook

next

GBP/JPY Weekly Outlook

Read More

22/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6730; (P) 0.6745; (R1) 0.6760; More… A temporary top should be in place at 0.6760 in AUD/USD with 4H MACD crossed below signal line. Intraday bias is turned neutral for consolidations first. Downside of retreat should be contained by 55 4H EMA (now at 0.6664) to bring rebound. Above 0.6760 will target […]
21/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0686; (P) 1.0719; (R1) 1.0735; More…. Intraday bias in EUR/USD remains neutral first and further decline is still expected. Break of 1.0667 will resume the fall from 1.0915, as another leg in the larger corrective pattern. Next target is 1.0601 low. However, break of 1.0760 resistance will turn bias back to the […]
11/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6735; (P) 0.6744; (R1) 0.6755; More… Intraday bias in AUD/USD is back on the upside with breach of 0.6760 temporary top. Rise from 0.6361 is resuming and should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. On the downside, however, break of 0.6723 minor support will turn bias back […]