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usd/cad-day-by-day-outlook

03 Aug: USD/CAD Day by day Outlook

Daily Pivots: (S1) 1.3292; (P) 1.3323; (R1) 1.3381; More…. Intraday bias in USD/CAD stays neutral first as range trading continues. As long as 1.3386 resistance holds, further decline is mildly in favor. Below 1.3242 minor support should resume larger decline through 1.3091 low. Nevertheless, on the upside, firm break of 1.3386 will indicate near term

gbp/usd-mid-day-outlook

03 Aug: GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2659; (P) 1.2732; (R1) 1.2784; More… GBP/USD’s decline from 1.3141 extends to as low as 1.2618 so far today, and met 38.2% retracement of 1.1801 to 1.3141 at 1.2629 already. There is no sign of bottoming yet and intraday bias remains on the downside. Sustained trading below 1.2678 support turned resistance will

gbp/usd-day-by-day-outlook

03 Aug: GBP/USD Day by day Outlook

Daily Pivots: (S1) 1.2659; (P) 1.2732; (R1) 1.2784; More… Intraday bias in GBP/USD stays on the downside as fall from 1.3141 is in progress. Deeper decline would be seen to 38.2% retracement of 1.1801 to 1.3141 at 1.2629, as a correction to rise from 1.1801. On the upside, above 1.2886 minor resistance will turn bias