Logo-color Logo-white

Daily Pivots: (S1) 190.16; (P) 191.44; (R1) 192.58; More.. Intraday bias in GBP/JPY remains neutral as consolidations from 193.51 could extend further. On the upside, firm break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 190.02 will indicate that it’s at least correcting the rise from 178.32, […]

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

previous

AUD/USD Daily Report

next

EUR/USD Mid-Day Outlook

Read More

10/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8482; (P) 0.8507; (R1) 0.8549; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. Consolidation from 0.8332 is in progress and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall […]
05/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.85; (P) 146.48; (R1) 147.07; More… Focus stays on 148.79 resistance in USD/JPY. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. In the bigger picture, fall from 151.89 is […]
06/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.26; (P) 192.03; (R1) 192.72; More.. Intraday bias in GBP/JPY is turned neutral first with current recovery. On the upside, break of 55 4H EMA will bring stronger rebound back toward 197.40 resistance. On the downside, below 191.34 will resume the correction from 200.53. Sustained trading below 55 D EMA (now at […]