Daily Pivots: (S1) 0.6586; (P) 0.6608; (R1) 0.6629; More… Intraday bias in AUD/USD stays neutral at this point. Further rally is expected as long as 0.6557 support holds. Break of 0.6645 will will resume the rebound from 0.6361. On the downside, however, firm break of 0.6557 will bring deeper fall back to 0.6464 support instead. […]
Jan 14, 2025
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2131; (P) 1.2172; (R1) 1.2244; More… Intraday bias in GBP/USD remains neutral as consolidations continue above 1.2099 temporary low. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 1.2486 support turned resistance holds. Break of 1.2099 will resume the decline from 1.3433 to 100% projection of 1.3433 […]
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