Daily Pivots: (S1) 196.63; (P) 197.21; (R1) 198.03; More… GBP/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Current rise from 180.00 should target a retest on 208.09 high next. On the downside, below 196.37 minor support will turn intraday bias neutral again first. In the bigger picture, price actions […]
Daily Pivots: (S1) 1.2660; (P) 1.2686; (R1) 1.2727; More… Intraday bias in GBP/USD remains on the upside for the moment. Firm break of 1.2708 resistance will extend the rise from 1.2298 to 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780. On the downside, below 1.2642 minor support will turn intraday bias neutral again. […]
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