Daily Pivots: (S1) 0.8327; (P) 0.8345; (R1) 0.8355; More… EUR/GBP’s fall from 0.8448 continued and the break of 55 D EMA (now at 0.8347) suggest that rise from 0.8239 has completed already. Intraday bias is back on the downside for 0.8239 support next. On the upside, above 0.8384 minor resistance will turn bias back to […]
May 01, 2024
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2465; (P) 1.2517; (R1) 1.2544; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 D EMA (now at 1.2578). Sustained break there will argue that fall from 1.2892 has completed already, and bring further […]
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