Daily Pivots: (S1) 1.2858; (P) 1.2905; (R1) 1.2935; More… GBP/USD rebounded notably today but stays in range below 1.3013 short term top. Intraday bias remains neutral first. Corrective fall from 1.3013 could still extend lower to channel support (now at 1.2806). But downside should be contained by 38.2% retracement of 1.2248 to 1.3013 at 1.2721 […]
Daily Pivots: (S1) 162.77; (P) 163.06; (R1) 163.49; More… Intraday bias in EUR/JPY is turned neutral gain with current recovery. On the downside, below 162.59 will resume the fall from 165.33 to 160.20 structural support next. On the upside, however, break of 164.40 minor resistance will bring retest of 165.33 instead. In the bigger picture, […]
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