Daily Pivots: (S1) 0.8623; (P) 0.8667; (R1) 0.8697; More… Intraday bias in USD/CHF stays neutral first. Outlook remains bearish with 38.2% retracement of 0.9223 to 0.8431 at 0.8734 intact. On the downside, below 0.8631 minor support will bring retest of 0.8431 first. Break there will resume the fall from 0.9223 to 0.8332 low. Nevertheless, firm […]
Nov 25, 2024
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8272; (P) 0.8310; (R1) 0.8351; More… Range trading continues in EUR/GBP and intraday bias remains neutral. Outlook stays bearish with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) is in progress. […]
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