Daily Pivots: (S1) 1.0529; (P) 1.0591; (R1) 1.0627; More… Intraday bias in EUR/USD stays on the downside for now, as fall from 1.1213 is in progress for 100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. Break there will target 1.0404 key fibonacci level. On the upside, above 1.0594 minor resistance will turn intraday […]
Dec 08, 2023
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2554; (P) 1.2584; (R1) 1.2622; More… GBP/USD’s fall from 1.2731 short term top resumed after brief recovery. Intraday bias is back on the downside for 55 D EMA (now at 1.2437). Sustained break there will bring retest of 1.2036 low. On the upside, above 1.2611 minor resistance will turn intraday bias neutral […]
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