Daily Pivots: (S1) 151.68; (P) 152.03; (R1) 152.62; More… Intraday bias in USD/JPY stays on the upside with 151.44 minor support intact. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. […]
May 25, 2024
GBP/USD Weekly Outlook
GBP/USD turned sideway after rising to 1.2760 last week. Intraday bias remains neutral this week for some consolidations, but further rally is in favor. Above 1.2760 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger picture, […]
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