Logo-color Logo-white

Daily Pivots: (S1) 186.03; (P) 186.77; (R1) 187.35; More… Intraday bias in GBP/JPY remains neutral first. Price actions from 188.63 short term top is seen as a near term consolidation pattern for now. As long as 184.44 support holds, further rally is expected. Decisive break of 188.63 will resume larger up trend. In the bigger […]

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

previous

USD/CHF Daily Outlook

next

EUR/JPY Daily Outlook

Read More

23/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0805; (P) 1.0834; (R1) 1.0852; More… EUR/USD recovers ahead of 1.0810 resistance turned support. Intraday bias stays neutral at this point. On the upside, break of 1.0894 will resume the rise from 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at 1.0601 already. However, […]
14/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2534; (P) 1.2585; (R1) 1.2669; More… Intraday bias in GBP/USD remains on the upside at this point. Sustained break of 1.2731 will confirm resumption of whole rally from 1.2036. Next target is 61.8% projection of 1.2068 to 1.2731 from 1.2499 at 1.2909. On the downside, below 1.2651 minor support will turn intraday […]
22/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8532; (P) 0.8542; (R1) 0.8549; More… EUR/GBP accelerates lower today and the break of 0.8529 support argues that larger down trend is ready to resume. Intraday bias stays on the downside for 0.8491/7 support one. Firm break there will confirm this case and target 0.8376 projection level next. On the upside though, […]