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Daily Pivots: (S1) 1.2488; (P) 1.2566; (R1) 1.2614; More… No change in GBP/USD’s outlook and intraday bias remains on the downside. Strong support could be seen from 1.2499 structural support. Break of 1.2628 minor resistance will turn bias back to the upside for rebound. However, decisive break of 1.2499 will argue that whole rise from […]

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01/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2608; (P) 1.2626; (R1) 1.2643; More… Intraday bias in GBP/USD remains neutral as range trading continues. Risk stays on the downside as long as 1.2666 support turned resistance. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest that rise from 1.2036 has completed […]
08/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.00; (P) 191.31; (R1) 191.95; More….. Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 193.51./ On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, break of 190.02 will turn bias to the downside for 187.94 support […]
10/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0906; (P) 1.0936; (R1) 1.0961; More… EUR/USD continues to trade sideway above 1.0876 and intraday bias stays neutral for the moment. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for […]