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Daily Pivots: (S1) 1.3525; (P) 1.3559; (R1) 1.3597; More… Intraday bias in GBP/USD is turned neutral first with current retreat, and some consolidations could be seen below 1.3592 temporary top. Downside should be contained well above 1.3138 support to bring another rally. On the upside, firm break of 1.3592 will turn bias back to the […]

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24/02/2024

USD/CHF Weekly Outlook

USD/CHF stayed in consolidation below 0.8884 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rise is expected with 0.8727 resistance turned support intact. On the upside, above 0.8884 will resume the rally from 0.8332 to 100% projection of 0.8332 to 0.8727 from 0.8550 at 0.8954. However, sustained break of […]
13/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.96; (P) 200.46; (R1) 201.08; More… Intraday bias in GBP/JPY is back on the upside as up trend resumes. Next target is 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. On the downside, below 199.92 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally. […]
25/03/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2881; (P) 1.2927; (R1) 1.2970; More… Intraday bias in GBP/USD is turned neutral with current recovery. Correction from 1.3013 might still extend lower. But downside should be contained by 38.2% retracement of 1.2248 to 1.3013 at 1.2721 to bring rebound. On the upside, break of 1.3013 will resume the rally from 1.2099. […]