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Daily Pivots: (S1) 1.7729; (P) 1.7766; (R1) 1.7812; More… Intraday bias in EUR/AUD remains mildly on the upside for the moment. Sustained trading below 55 D EMA (now at 1.7694) will argue that corrective pattern from 1.8554 is already in the third leg. Deeper fall should then be seen back to 1.7245 support. Nevertheless, strong […]

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29/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8667; (P) 0.8691; (R1) 0.8713; More… For now, further rally could still be seen in EUR/GBP with 0.8649 intact. Rebound from 0.8548 could extend to 0.8764 key resistance. Nevertheless, break of 0.8649 will argue that the rebound has completed, and turn bias back to the downside for 0.8548 support instead. In the […]
11/06/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3444; (P) 1.3510; (R1) 1.3563; More… Range trading continues in GBP/USD and intraday bias stays neutral. With 1.3414 support intact, further rally remains in favor. On the upside, break of 1.3615 will resume the rally from 1.2099 and target 100% projection of 1.2099 to 1.3206 from 1.3138 at 1.3813. Considering bearish divergence […]
27/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2594; (P) 1.2644; (R1) 1.2672; More… GBP/USD’s fall from 1.2859 is trying to resume through 1.2622 temporary low and intraday bias is back on the downside. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm […]