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Daily Pivots: (S1) 1.3035; (P) 1.3054; (R1) 1.3077; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to complete the correction from 1.3433. On the upside, break of 1.3174 minor resistance will turn bias back to […]

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EUR/GBP Daily Outlook

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GBP/USD Daily Outlook

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22/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.63; (P) 187.94; (R1) 188.57; More… Intraday bias in GBP/JPY is turned neutral first with a temporary top formed at 188.89. Further rally is expected as long as 186.14 resistance turned support holds. ON the upside, break of 188.89, and sustained trading above 188.63 will confirm up trend resumption. Next target is […]
16/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8389; (P) 0.8401; (R1) 0.8412; More…. Intraday bias in EUR/GBP is turned neutral with current recovery. Some consolidations would be seen first but outlook will stay bearish as long as 0.8498 resistance holds. Break of 0.8390 will resume larger down trend to 61.8% projection of 0.8619 to 0.8396 from 0.8498 at 0.8360. […]
15/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3694; (P) 1.3709; (R1) 1.3730; More… Intraday bias in USD/CAD stays on the downside at this point despite weak downside momentum. Fall from 1.3946 would extend towards 1.3588 key support. On the upside, above 1.3674 minor resistance will turn bias back to the upside for stronger recovery. In the bigger picture, price […]