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Daily Pivots: (S1) 1.2870; (P) 1.2933; (R1) 1.2981; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.2833 temporary low Further decline is expected 1.3047 resistance holds. Break of 1.382 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition […]

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GBP/JPY Daily Outlook

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25/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.90; (P) 193.85; (R1) 194.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Current development suggests that corrective rise from 180.00 has completed with three waves up to 199.79. Deeper fall would be seen to 183.70 support. For now, risk will stay on the downside as long as […]
05/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2582; (P) 1.2654; (R1) 1.2703; More… GBP/USD is still bounded in range of 1.2590/2731 and intraday bias remains neutral. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. However, firm break of 1.2590 will confirm short term topping, and turn bias back to […]
23/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6423; (P) 0.6439; (R1) 0.6465; More… AUD/USD’s recovery from 0.6361 continues today but stays below 0.6480 support turned resistance. Intraday bias remains neutral first. Upside is still expected to be limited by 0.6480 support turned resistance to bring another decline. On the downside, break of 0.6361 will resume the fall from 0.6870 […]