Logo-color Logo-white

Daily Pivots: (S1) 1.2743; (P) 1.2772; (R1) 1.2790; More… Intraday bias in GBP/USD is turned neutral with current retreat. Some consolidations would be seen below 1.2799 temporary top. But further rise is expected as long as 1.2670 support holds. Current rally from 1.2298 should target 1.2892 resistance next. However, break of 1.2670 will indicate short […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

previous

EUR/CHF Daily Outlook

next

EUR/GBP Daily Outlook

Read More

26/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3465; (P) 1.3542; (R1) 1.3586; More… Intraday bias in USD/CAD remains on the downside for the moment. Fall from 1.3946 is in progress for 1.3477 support. Firm break there will target 1.3091/3176 support zone. On the upside, above 1.3617 resistance will turn intraday bias neutral first. In the bigger picture, current development […]
18/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2616; (P) 1.2656; (R1) 1.2715; More… Intraday bias in GBP/USD remains neutral at this point. On the downside, firm break of 1.2595 support will resume the decline from 1.2826 to 1.2499 support. Nevertheless, strong rebound from current level will retain near term bullishness. Decisive break of 1.2826 will resume whole rally from […]
03/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6530; (P) 0.6551; (R1) 0.6588; More… Intraday bias in AUD/USD remains neutral first. On the upside, break of 0.6585 resistance will resume the rebound from 0.6361. That would also affirm the case that fall from 0.6870 has completed. Further rally would be seen to 0.6643 resistance next. Nevertheless, break of 0.6464 will […]