Daily Pivots: (S1) 1.2590; (P) 1.2613; (R1) 1.2648; More… Intraday bias in GBP/USD stays neutral, and focus remains on 38.2% retracement of 1.3433 to 1.2099 at 1.2609. Rejection by this level will keep near term outlook bearish. Break of 1.2331 support will suggest that the rebound from 1.2099 has completed as a correction, and bring […]
Daily Pivots: (S1) 0.9293; (P) 0.9318; (R1) 0.9366; More…. EUR/CHF’s break of 0.9343 resistance confirms resumption of rebound from 0.9204. Intraday bias stays on the upside for 100% projection of 0.9204 to 0.9343 from 0.9254 at 0.9393. Firm break there could prompt upside acceleration to 0.9444 resistance next. On the downside, below 0.9329 minor support […]
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