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Daily Pivots: (S1) 0.8310; (P) 0.8324; (R1) 0.8334; More… Outlook in EUR/GBP remains unchanged as range trading continues. Intraday bias stays neutral and further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 […]

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20/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2634; (P) 1.2662; (R1) 1.2711; More… GBP/USD recovers further today but stays well below 1.2842 support turned resistance. Intraday bias remains neutral and outlook stays bearish. On the downside, break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. In the bigger […]
27/01/2024

GBP/USD Weekly Outlook

GBP/USD stayed in consolidation from 1.2826 last week and outlook is unchanged. Initial bias remains neutral this week first. 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 rally from 1.2036. Next target will be 1.3141 high. On the […]
26/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6731; (P) 0.6765; (R1) 0.6830; More… Intraday bias in AUD/USD stays on the upside for the moment, with focus on focus on 0.6798 resistance. Firm break there will extend the rally from 0.6348 to 0.6870 resistance next, with prospecting of resuming whole rise from 0.6269. On the downside, below 0.6696 support turn […]