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Daily Pivots: (S1) 0.8201; (P) 0.8233; (R1) 0.8254; More…. USD/CHF is still bounded in right range below 0.8333 and intraday bias remains neutral for the moment. On the upside, above 0.8333 will resume the rebound from 0.8038. However, upside should be limited by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. On the downside, below […]

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GBP/USD Mid-Day Outlook

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GBP/USD Daily Outlook

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06/11/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2979; (P) 1.3011; (R1) 1.3074; More… GBP/USD is still holding above 1.2842 support and intraday bias remains neutral. Further decline is expected as long as 1.3047 resistance holds. Below 1.2842 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition in 4H […]
09/01/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.76; (P) 196.15; (R1) 197.19; More… Breach of 194.04 support argues that GBP/JPY’s rise from 188.07 might have completed at 198.94 already. Intraday bias is back on the downside for 188.07 support. Firm break there will argue that corrective pattern from 180.00 has already completed. Nevertheless, above 198.94 will target 199.79 resistance […]
04/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8926 (P) 0.8983; (R1) 0.9016; More…. USD/CHF’s fall from 0.9223 resumed by breaking through 0.8987 support and intraday bias stays on the downside. Next target is 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921, and then 0.8883 fibonacci level. On the upside, above 0.9001 minor resistance will turn intraday bias […]