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Daily Pivots: (S1) 1.2567; (P) 1.2663; (R1) 1.2716; More… Intraday bias in GBP/USD stays neutral for the moment, as 1.2611 support remains intact. On break of 1.2826 will resume whole rally from 1.2036. However, break of 1.2611 will indicate short term topping, and turn bias back to the downside for 1.2499 support. In the bigger […]

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GBP/JPY Daily Outlook

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23/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8607; (P) 0.8626; (R1) 0.8645; More… Intraday bias in EUR/GBP remains on the upside and outlook is unchanged. Fall from 0.8764 has probably completed already. Further rally would be seen to medium term trend line resistance (now at 0.8649). Decisive break there will solidify this bullish case and target 0.8764 resistance next. […]
21/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.29; (P) 192.91; (R1) 194.02; More….. Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close to 195.86 long term resistance. On the downside, below 191.78 minor support will turn intraday bias neutral […]
17/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3445; (P) 1.3474; (R1) 1.3523; More… Intraday bias in USD/CAD remains on the upside at this point. Rise from 1.3176 is in progress for 1.3617 cluster resistance (61.8% retracement of 1.3897 to 1.3176 at 1.3622). Decisive break there will pave the way to 1.3897/3976 key resistance zone. On the downside, below 1.3422 […]