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Daily Pivots: (S1) 1.6305; (P) 1.6342; (R1) 1.6392; More… Intraday bias in EUR/AUD remains neutral for the moment, as consolidation from 1.6267 is extending. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from […]

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EUR/GBP Daily Outlook

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13/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8425; (P) 0.8439; (R1) 0.8459; More… Intraday bias in EUR/GBP is turned neutral with current recovery, and some consolidations would be seen first. Further decline is expected as long as 0.8482 support turned resistance holds. Below 0.8417 will resume larger down trend to 0.8376 projection level next. On the upside, firm break […]
24/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2884; (P) 1.2911; (R1) 1.2935; More… Intraday bias in GBP/USD remains neutral for the moment. Further rally is expected for now. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above 1.3141 key medium term resistance. However, […]
21/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.64; (P) 189.95; (R1) 190.68; More… Intraday bias in GBP/JPY remains neutral as range trading continues inside 187.84/191.99.On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 support will […]