Logo-color Logo-white

Daily Pivots: (S1) 0.8265; (P) 0.8296; (R1) 0.8320; More… EUR/GBP’s deep decline today and break of 0.8290 minor support turned intraday bias back to the downside for retesting 0.8224. Firm break there will resume larger down trend to 0.8201 key support. On the upside, break of 0.8326 resistance will resume the rebound to 38.2% retracement […]

The post EUR/GBP Daily Outlook appeared first on Action Forex.

previous

GBP/JPY Daily Outlook

next

GBP/USD Daily Outlook

Read More

19/12/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9303; (P) 0.9346; (R1) 0.9369; More…. Break of 0.9343 resistance turned support suggests that rebound from 0.9204 has completed as a three-wave corrective move at 0.9417. Intraday bias is back on the downside fro 0.9254 support first. Firm break there will bring deeper fall to 0.9209 key support again. For now, risk […]
26/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8444; (P) 0.8475; (R1) 0.8536; More… USD/CHF is still bounded in range of 0.8374/8548 and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will turn bias […]
14/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2534; (P) 1.2585; (R1) 1.2669; More… GBP/USD’s break of 1.2615 minor resistance suggests that pull back from 1.2731 has completed at 1.2501 already. Intraday bias is back on the upside for 1.2731 first. Decisive break there will resume whole rally from 1.2036 for retesting 1.3141 high next. On the downside, break of […]