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Daily Pivots: (S1) 1.7826; (P) 1.7861; (R1) 1.7893; More… EUR/AUD’s fall from 18160 resumed by breaking through 1.7798 temporary low. The development dampened the original bullish view, and suggests that corrective pattern from 1.8554 is probably extending. Intraday bias is turned back to the downside for 1.7569 support first. On the upside, above 1.7895 minor […]

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28/05/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3476; (P) 1.3531; (R1) 1.3563; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen. Further rise is expected as long as 1.3389 minor support holds. On the upside, firm break of 1.3592 will resume larger rally for 100% projection of 1.2706 to 1.3442 from 1.3138 at 1.3874. However, […]
29/11/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8649; (P) 0.8666; (R1) 0.8678; More…. No change in EUR/GBP’s outlook. Intraday bias stays on the downside at this point. Decisive break of 0.8648 support will argue that whole rise from 0.8491 has completed and turn near term outlook bearish. Nevertheless, break of 0.8706 minor resistance will retain near term bullishness and […]
15/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8587; (P) 0.8611; (R1) 0.8634; More…. While EUR/GBP’s recovery from 0.8548 extended, it’s capped below 0.8648 support turned resistance. Intraday bias stays neutral and outlook further decline is expected. On the downside, break of 0.8548 will resume the fall from 0.8764 to 0.8491 support next. Firm break there will resume larger down […]