Daily Pivots: (S1) 1.3046; (P) 1.3095; (R1) 1.3121; More… No change in GBP/USD’s outlook and intraday bias remains neutral. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, firm break […]
Dec 08, 2023
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8556; (P) 0.8570; (R1) 0.8585; More…. Intraday bias in EUR/GBP is turned neutral as a temporary low is formed at 0.8552. Some consolidations could be seen and stronger recovery cannot be ruled out. But upside should be limited by 0.8648 support turned resistance to bring another fall. Below 0.8552 will target 0.8491 […]
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