Daily Pivots: (S1) 1.2661; (P) 1.2708; (R1) 1.2792; More… Range trading continues in GBP/USD and intraday bias remains neutral. Consolidation from 1.2826 could still extend further, and deeper fall cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2774 resistance will suggest that […]
Daily Pivots: (S1) 192.00; (P) 192.50; (R1) 193.51; More… Intraday bias in GBP/JPY remains neutral for the moment and outlook is unchanged. Rebound from 188.07 could have completed at 198.94 already. Risk will stay on the downside as long as 194.18 support turned resistance holds. Below 190.06 will target 188.07 support. Firm break there will […]
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