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Daily Pivots: (S1) 155.64; (P) 156.78; (R1) 157.61; More… Intraday bias in USD/JPY remains neutral as consolidations continues below 157.91 temporary top. Deeper pull back cannot be ruled out, but outlook will stay bullish as long as 153.15 support holds. On the upside, break of 157.91 will resume the rally from 139.57 to 61.8% projection […]

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16/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2811; (P) 1.2841; (R1) 1.2884; More… GBP/USD’s rise from 1.2664 resumed after brief consolidations and intraday bias is back on the upside. As noted before, pullback from 1.3043 could have completed at 1.2664 already. Further rally should be seen to retest this resistance next. On the downside, however, break of 1.2798 support […]
18/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8322; (P) 0.8341; (R1) 0.8371; More… Intraday bias in EUR/GBP stays neutral for the moment and outlook remains bearish 0.8446 resistance holds. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will confirm short […]
15/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2806; (P) 1.2838; (R1) 1.2857; More… Intraday bias in GBP/USD is turned neutral with current retreat and some consolidations would be seen below 1.2872 temporary top. But further rise is in favor as long as 1.2754 minor support holds. As noted before, pullback from 1.3043 could have completed at 1.2664 already. Above […]