Daily Pivots: (S1) 1.2638; (P) 1.2715; (R1) 1.2760; More… GBP/USD is staying in consolidation below 1.2793 and intraday bias remains neutral at this point. While deeper retreat cannot be ruled out, outlook will stay cautiously bullish as long as 1.2499 support holds. On the upside, firm break of 1.2793 will resume the rally from 1.2036. […]
Daily Pivots: (S1) 162.81; (P) 163.40; (R1) 164.52; More…. Intraday bias in EUR/JPY is turned neutral first as recovery from 162.25 extends. But further decline is expected as long as 165.02 resistance holds. Corrective rebound from 154.40 could have completed with three waves up to 166.77 already, ahead of 61.8% retracement of 175.41 to 154.40 […]
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