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Daily Pivots: (S1) 1.3377; (P) 1.3411; (R1) 1.3440; More… Intraday bias in GBP/USD is turned neutral first with current retreat. On the upside, firm break of 1.3433 key resistance confirm larger up trend resumption. However, break of 1.3232 support will indicate rejection from 1.3433, and bring deeper decline back to 55 D EMA (now at […]

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USD/CHF Daily Outlook

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05/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. Intraday bias in USD/CHF remains neutral as range trading continue below 0.8891. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias back […]
03/08/2024

GBP/USD Weekly Outlook

GBP/USD’s fall from 1.3043 extended to 1.2706 last week but recovered since then. Initial bias remains neutral this week and further fall is in favor as long as 1.2863 resistance holds. Below 1.2706 will target 1.2612 support first. Decisive break there should confirm that rise from 1.2298 has completed. However, break of 1.2863 will turn […]
08/02/2025

EUR/GBP Weekly Outlook

EUR/GBP’s near term outlook is mixed up by the extended fall to 0.8290 and the short-lived recovery. Initial bias is turned neutral this week first. On the upside, above 0.8376 minor resistance will bring stronger rally towards 08472. However, on the downside, break of 0.8290 will resume the fall from 08472 to retest 0.8221 low. […]