Daily Pivots: (S1) 0.8507; (P) 0.8572; (R1) 0.8605; More….. USD/CHF’s fall from 0.8747 is still in progress and intraday bias remains on the downside for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332. On the upside, above 0.8616 minor resistance will turn intraday bias neutral first. But risk will stay […]
Feb 19, 2025
GBP/JPY Daily Outlook
Daily Pivots: (S1) 191.12; (P) 191.53; (R1) 192.22; More… Intraday bias in GBP/JPY remains neutral for the moment. Outlook is unchanged that corrective pattern from 180.00 is extending, possibly with rebound from 187.04 as another upleg. Above 193.04 will target 194.73 resistance first. Firm break there will solidify this case and target 198.94 next. In […]
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