Daily Pivots: (S1) 1.2800; (P) 1.2825; (R1) 1.2872; More… GBP/USD’s rally continues today and intraday bias stays on the upside for 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration through 1.3141 to 100% projection at 1.3173. On the downside, below 1.2845 resistance turned support will turn […]
Daily Pivots: (S1) 160.71; (P) 161.52; (R1) 162.30; More… Intraday bias in EUR/JPY remains neutral at this point. For now, further rally is expected as long as 160.02 support holds. Above 164.16 will target 164.89 resistance. However, break of 160.02 will indicate short term topping, and turn bias back to the downside. Overall, sideway consolidation […]
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