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Daily Pivots: (S1) 147.35; (P) 147.87; (R1) 148.32; More… Intraday bias in USD/JPY remains neutral. Consolidation from 146.52 is extending, but upside of recovery should be limited by 150.92 support turned resistance. On the downside, sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way to 139.57 support. In the […]

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GBP/USD Daily Outlook

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15/04/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3102; (P) 1.3151; (R1) 1.3241; More… GBP/USD’s rally from 1.2099 resumed by breaking through 1.3206. Intraday bias stays on the upside for 61.8% projection of 1.2099 to 1.3206 from 1.2706 at 1.3390, and possibly further to 1.3433 high. On the downside, below 1.3121 minor support will turn intraday bias neutral first. But […]
14/09/2024

GBP/JPY Weekly Outlook

GBP/JPY fell further to 183.70 last week but recovered since then. Initial bias remains neutral this week first. Outlook will stay cautiously bearish as long as 189.72 resistance holds. Below 183.70 will resume the fall from 193.45 to retest 180.00 low. Firm break there will extend whole decline from 208.09 to 175.94 fibonacci level. In […]
07/04/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2789; (P) 1.2959; (R1) 1.3066; More… GBP/USD edges lower today and intraday bias stays on the downside. Fall from 1.3206 short term top should extend to 38.2% retracement of 1.2099 to 1.3206 at 1.2783. Decisive break there will target 61.8% retracement at 1.2522. On the upside, above 1.2933 minor resistance will turn […]