Logo-color Logo-white

Daily Pivots: (S1) 1.3049; (P) 1.3081; (R1) 1.3107; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral. While corrective fall from 1.3433 might extend lower, strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above 1.3174 minor resistance will turn bias back […]

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

previous

EUR/AUD Daily Outlook

next

USD/CHF Daily Outlook

Read More

04/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0888; (P) 1.0927; (R1) 1.0960; More… Intraday bias in EUR/USD in turned neutral first with 4H MACD crossed above signal line. But further decline is mildly in favor with 1.1014 minor resistance holds. Below 1.0892 will resume the fall from 1.1138 short term top for 1.0772 support. Sustained break there will argue […]
24/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3278; (P) 1.3318; (R1) 1.3389; More… Intraday bias in GBP/USD stays on the upside. Decisive break of 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 will pave the way to 100% projection at 1.3601 next. On the downside, below 1.3247 minor support will turn intraday bias neutral and bring consolidations […]
08/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 205.21; (P) 205.83; (R1) 206.67; More… Intraday bias in GBP/JPY remains on the upside for the moment. Firm break of 100% projection of 191.34 to 200.72 from 197.18 at 206.56 will target 138.2% projection at 210.17. On the downside, below 204.97 minor support will turn bias to the downside for deeper pull […]