Logo-color Logo-white

Daily Pivots: (S1) 1.2673; (P) 1.2721; (R1) 1.2757; More… GBP/USD’s fall from 1.3433 continues today and intraday bias stays on the downside. Next target is 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. On the upside, above 1.2768 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long […]

The post GBP/USD Daily Outlook appeared first on Action Forex.

previous

EUR/GBP Daily Outlook

next

USD/CHF Daily Outlook

Read More

14/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9470; (P) 0.9492; (R1) 0.9529; More…. Intraday bias in EUR/CHF remains on the upside as rebound from 0.9209 short term bottom is in progress. Further rise should be seen to 55 D EMA (now at 0.9594). ON the downside, below 0.9423 minor support will turn intraday bias neutral first. In the bigger […]
02/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8539; (P) 0.8549; (R1) 0.8562; More… Intraday bias in EUR/GBP remains neutral and some more consolidations would be seen above 0.8529 temporary low. But further decline is expected as long as 0.8582 resistance holds. Below 0.8529 will target 0.8491/7 support zone. In the bigger picture, outlook remains bearish as EUR/GBP is capped […]
12/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6551; (P) 0.6567; (R1) 0.6584; More… AUD/USD recovers today but stays inside range below 0.6689. Intraday bias remains neutral for the moment, and risk stays mildly on the downside. Break of 0.6524 will affirm the case of rejection by channel resistance, and resume the fall from 0.6689 short term top to 55 […]