Logo-color Logo-white

Daily Pivots: (S1) 1.2915; (P) 1.2968; (R1) 1.2997; More… Intraday bias in GBP/USD remains neutral at this point. Pullback from 1.3043 could extend lower but downside should be contained by 1.2859 resistance turned support to bring another rally. Above 1.3043 will resume the rise from 1.2298 to 100% projection of 1.2298 to 1.2859 from 1.2612 […]

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

previous

USD/CHF Daily Outlook

next

GBP/USD Weekly Outlook

Read More

07/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8798; (P) 0.8828; (R1) 0.8850; More…. No change in USD/CHF’s outlook as sideway consolidation continues. Intraday bias stays neutral at this point. Further rally remains in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support […]
23/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9667; (P) 0.9679; (R1) 0.9700; More…. EUR/CHF is staying in consolidations above 0.9641 temporary low and intraday bias remains neutral. Strong bounce from current level will maintain near term bullishness. Break of 0.9972 will resume the rally from 0.9772. However, firm break of 38.2% retracement of 0.9476 to 0.9772 at 0.9659 will […]
27/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9748; (P) 0.9781; (R1) 0.9824; More.. EUR/CHF’s rally from 0.9252 resumed by breaking 0.9785 temporary top. Intraday bias is back on the upside. Further rise should be seen towards 1.0095 key resistance next. On the downside, break of 0.9689 support is needed to indicate short term topping. Otherwise, outlook will remain bullish […]