Daily Pivots: (S1) 0.9355; (P) 0.9377; (R1) 0.9417; More…. Sideway trading continues in EUR/CHF and intraday bias stays neutral. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back […]
Feb 07, 2024
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2488; (P) 1.2566; (R1) 1.2614; More… No change in GBP/USD’s outlook and intraday bias remains on the downside. Strong support could be seen from 1.2499 structural support. Break of 1.2628 minor resistance will turn bias back to the upside for rebound. However, decisive break of 1.2499 will argue that whole rise from […]
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