Logo-color Logo-white

Daily Pivots: (S1) 1.3045; (P) 1.3064; (R1) 1.3089; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Fall from 1.3433 short term top could extend lower. But 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 […]

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

previous

EUR/JPY Daily Outlook

next

GBP/USD Daily Outlook

Read More

02/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3700; (P) 1.3742; (R1) 1.3779; More… Intraday bias in USD/CAD is turned neutral again with current retreat. On the upside above 1.3782 will target 1.3845 resistance first. Firm break there will resume larger rise from 1.3176 towards 1.3976 key resistance next. On the downside, break of 1.3631 will extend the fall from […]
12/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8817; (P) 0.8836; (R1) 0.8860; More… Outlook in USD/CHF remains unchanged as corrective fall from 0.8956 should have completed at 0.8735 after hitting 55 D EMA. Intraday bias remains on the upside for retesting 0.8956 high first. Firm break there will resume the whole rise from 0.8374. Next target is 61.8% projection […]
17/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6646; (P) 0.6678; (R1) 0.6699; More… Intraday bias in AUD/USD is turned neutral with current recovery, but further decline is expected as long as 0.6758 resistance holds. Below 0.6657 will resume the fall from 0.6941 short term top to 0.6621 structural support. Decisive break there will pave the way back to 0.6348 […]