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GBP/USD rebounded after edging lower to 1.3247 last week. But upside is limited well below 1.3526 resistance so far. Initial bias remains neutral this week first. On the downside, break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected there to contain downside to complete the […]

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GBP/JPY Weekly Outlook

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01/04/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8798; (P) 0.8827; (R1) 0.8873; More… Intraday bias in USD/CHF remains neutral as consolidation form 0.8757 is still extending. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 […]
11/03/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.82; (P) 190.02; (R1) 190.84; More… GBP/JPY is still bounded in range trading and intraday bias stays neutral. On the upside, firm break of 193.04 will resume the rebound from 187.04 to 194.73 resistance, and then 198.94. On the downside, firm break of 187.04 will extend the fall from 199.79 towards 180.00 […]
15/02/2025

EUR/GBP Weekly Outlook

Range trading continued in EUR/GBP last week and near term outlook remains mixed. Initial bias stays neutral this week first. On the upside, above 0.8376 minor resistance will bring stronger rally towards 0.8472. However, on the downside, break of 0.8290 will resume the fall from 08472 to retest 0.8221 low. In the bigger picture, rebound […]