Daily Pivots: (S1) 1.2909; (P) 1.2938; (R1) 1.2974; More… Intraday bias in GBP/USD remains neutral for the moment. Corrective fall from 1.3013 short term top could still continues. Below 1.2886 will target near term channel support (now at 1.2782) and possibly below. But downside should be contained by 38.2% retracement of 1.2248 to 1.3013 at […]
Daily Pivots: (S1) 0.8495; (P) 0.8523; (R1) 0.8539; More… Intraday bias in USD/CHF remains neutral for the moment. As long as 0.8548 resistance holds, further decline is expected. On the downside, firm break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, […]
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