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Daily Pivots: (S1) 1.3389; (P) 1.3416; (R1) 1.3432; More… Intraday bias in GBP/USD stays neutral and another fall is mildly in favor as long as 1.3526 resistance holds. Break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected there to contain downside to complete the corrective […]

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USD/JPY Daily Outlook

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31/01/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.59; (P) 154.48; (R1) 155.16; More… USD/JPY is staying in range above 153.70 and intraday bias remains neutral. On the downside, firm break of 153.70 will resume the fall from 158.86 to 38.2% retracement of 139.57 to 158.86 at 151.49. Nevertheless, break of 156.74 resistance will indicate that fall from 158.86 has […]
21/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2578; (P) 1.2623; (R1) 1.2668; More… GBP/USD is still staying in range of 1.2517/2619 and intraday bias remains neutral at this point. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of […]
26/10/2024

GBP/JPY Weekly Outlook

GBP/JPY’s rise from 180.00 resumed last week but formed a temporary top at 198.41. Initial bias remains neutral this week for consolidations first. Further rally is expected as long as 193.69 support holds. On the upside, sustained trading above 61.8% retracement of 208.09 to 180.00 at 197.35 will target 208.09 high next. In the bigger […]