Logo-color Logo-white

Daily Pivots: (S1) 0.8785; (P) 0.8799; (R1) 0.8809; More… Intraday bias in EUR/GBP is turned neutral first with current retreat. Further rally is expected as long as 0.8750 resistance turned support holds. Above 0.8817 will target .8867 fibonacci level. Decisive break there will carry larger bullish implications. Nevertheless, firm break of 0.8750 will turn bias […]

The post EUR/GBP Daily Outlook appeared first on Action Forex.

previous

USD/CAD Daily Outlook

next

EUR/AUD Daily Outlook

Read More

06/02/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2462; (P) 1.2506; (R1) 1.2548; More… Outlook is unchanged in GBP/USD. Strong resistance is expected from 38.2% retracement of 1.3433 to 1.2099 at 1.2609 to complete the corrective rebound from 1.2099. On the downside, break of 1.2248 support will bring retest of 1.2099 first. Firm break there will resume whole decline from […]
11/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6551; (P) 0.6585; (R1) 0.6613; More… Intraday bias in AUD/USD remains neutral for the moment. Risk will stay on the downside as long as 0.6689 resistance holds. Break of 0.6524 will resume the fall from 0.6689 short term top to 55 D EMA (now at 0.6496). Nevertheless, firm break of 0.6689 will […]
12/04/2025

GBP/USD Weekly Outlook

GBP/USD’s extended rebound last week suggests that pull back from 1.3206 has already completed at 1.2706. Initial bias stays on the upside this week for retesting 1.3206. Firm break there will resume the rally from 1.2099 to retest 1.3433 high. On the downside, below 1.2981 minor support will turn intraday bias neutral again first. In […]