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Daily Pivots: (S1) 1.3525; (P) 1.3559; (R1) 1.3597; More… Intraday bias in GBP/USD remains neutral 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 upside for 100% projection of […]

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20/03/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2969; (P) 1.2990; (R1) 1.3025; More… Intraday bias in GBP/USD is back on the upside with breach of 1.3009 temporary top. Current rally from 1.2099 should target 1.3433 high. However, firm break of 1.2910 will indicate short term topping, likely with bearish divergence condition in 4H MACD. That would turn intraday bias […]
28/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.97; (P) 151.60; (R1) 152.75; More… While USD/JPY’s corrective fall from 156.74 might extend lower, strong support could be seen from 38.2% retracement of 139.57 to 156.74 at 150.18 to bring rebound. ON the upside, break of 153.23 support turned resistance will turn intraday bias back to the upside for retesting 156.74. […]
08/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8527; (P) 0.8545; (R1) 0.8567; More… Range trading continues in EUR/GBP and intraday bias stays neutral. On the upside, decisive break of 0.8577 resistance and 55 D EMA (now at 0.8572) will argue that fall from 0.8764 has completed. Intraday bias will be back on the upside for rebound towards 0.8713 resistance. […]