Daily Pivots: (S1) 1.2716; (P) 1.2731; (R1) 1.2745; More… Intraday bias in GBP/USD remains on the downside as fall from 1.2892 is in progress. Sustained break of 55 D EMA (now at 1.2677) will target 1.2517 structural support next. On the upside, above 1.2758 minor resistance will turn intraday bias neutral first. In the bigger
GBPUSD Outlook
Daily Pivots: (S1) 1.2716; (P) 1.2731; (R1) 1.2745; More… Intraday bias in GBP/USD remains on the downside at this point. Fall from 1.2892 is in progress for 55 D EMA (now at 1.2677). Firm break there will target 1.2517 structural support. For now, risk will stay mildly on the downside as long as 1.2822 minor
Daily Pivots: (S1) 1.2721; (P) 1.2741; (R1) 1.2755; More… No change in GBP/USD’s outlook as fall from 1.2892 short term top is in progress. Deeper decline would be seen to 55 D EMA (now at 1.2673). Firm break there will target .2517 structural support. For now, risk will stay mildly on the downside as long
Daily Pivots: (S1) 1.2721; (P) 1.2741; (R1) 1.2755; More… Intraday bias in GBP/USD remains mildly on the downside at this point. Fall from 1.2892 short term top should target 55 D EMA (now at 1.2673). Firm break there will bring deeper fall to 1.2517 structural support. For now, risk will stay mildly on the downside
GBP/USD’s decline last week indicates short term topping at 1.2892. Initial bias remains mildly on the downside this week for 55 D EMA (now at 1.2673). Firm break there will bring deeper fall to 1.2517 structural support. For now, risk will stay mildly on the downside as long as 1.2822 minor resistance holds, in case
Daily Pivots: (S1) 1.2715; (P) 1.2769; (R1) 1.2807; More… Intraday bias in GBP/USD remains mildly on the downside at this point. Fall from 1.2892 short term top would target 55 D EMA (now at 1.2673). Sustained break there will target 1.2517 structural support next. For now, risk will stay mildly on the downside as long
Daily Pivots: (S1) 1.2715; (P) 1.2769; (R1) 1.2807; More… GBP/USD’s break of 55 4H EMA (now at 1.2760) indicates short term topping at 1.2829. Intraday bias is back on the downside for 55 D EMA (now at 1.2673). Sustained break there will target 1.2517 structural support next. For now, risk will stay mildly on the