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Daily Pivots: (S1) 1.2687; (P) 1.2719; (R1) 1.2765; More… Intraday bias in GBP/USD is turned neutral first with recovery from 1.2486 losing momentum. While another rise cannot be ruled out, outlook will stay bearish as long as 55 D EMA (now at 1.2867) holds. Below 1.2615 minor support will turn intraday bias back to the […]

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15/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2531; (P) 1.2571; (R1) 1.2606; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise from […]
24/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 200.96; (P) 201.56; (R1) 202.63; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way to 100% projection at 206.56 next. on the downside, below 200.46 minor support […]
15/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8861; (P) 0.8890; (R1) 0.8932; More… USD/CHF’s rally is still in progress and intraday bias stays on the upside. Sustained break of 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way to 0.9223 high. On the downside, below 0.8835 minor support will turn intraday bias neutral and bring consolidations, […]