Logo-color Logo-white

Daily Pivots: (S1) 1.3150; (P) 1.3185; (R1) 1.3251; More… Intraday bias in GBP/USD stays neutral for the moment. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, below, 1.3177 minor support will turn bias to the downside, to extend the correction from 1.3265 through 1.3000 support. […]

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

previous

EUR/AUD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

25/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8919; (P) 0.8932; (R1) 0.8943; More…. No change in USD/CHF’s outlook as consolidation continues above 0.8825. Intraday bias stays neutral for the moment. Near term outlook remains bearish with 0.8992 resistance intact. Break of 0.8825 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672. In the […]
22/06/2024

USD/CAD Weekly Outlook

USD/CAD stayed in consolidation below 1.3790 last week and outlook is unchanged. Initial bias stays neutral this week first. Further rally is expected as long as 1.3662 support holds. Above 1.3790 will bring retest of 1.3845 high first. Nevertheless, break of 1.3662 will turn bias to the downside to extend the corrective pattern from 1.3845 […]
18/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2691; (R1) 1.2724; More… Intraday bias in GBP/USD is turned neutral with current recovery. Risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. In the bigger […]