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Daily Pivots: (S1) 187.02; (P) 188.34; (R1) 189.11; More… Intraday bias in GBP/JPY stays neutral for the moment,, and more consolidations would be seen above 184.35. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target 180.00 low. Nevertheless, break of 190.06 will turn bias back to the upside […]

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15/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.91; (P) 195.31; (R1) 195.99; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, break of 189.54 will […]
11/03/2025

EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 158.86; (P) 159.62; (R1) 160.35; More… EUR/JPY’s rally resumed by breaking through 161.25 temporary top and intraday bias is back on the upside. Rise from 154.77 is seen as another rising leg in the consolidation pattern from 154.40. Next target is 164.89 resistance. For now, further rise is expected as long as […]
05/12/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2646; (P) 1.2684; (R1) 1.2737; More… Intraday bias in GBP/USD remains neutral for the moment. Recovery from 2.2486 could extend through 1.2749. But outlook will stay bearish as long as 55 D EMA (now at 1.2853) holds. Below 1.2615 minor support will turn intraday bias back to the downside for retesting 1.2486. […]