Daily Pivots: (S1) 1.2809; (P) 1.2852; (R1) 1.2902; More… Intraday bias in GBP/USD remains on the upside at tis point. Current rise is part of the rally from 1.2063, and should target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005. On the downside, below 1.2800 minor support will turn intraday bias neutral first.
GBPUSD Outlook
GBP/USD broke through 1.2826 resistance to resume the whole rally from 1.2063. Initial bias stays on the upside this week for 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005. On the downside, below 1.2800 minor support will turn intraday bias neutral first. But further rise will remain in favor as long as 55
Daily Pivots: (S1) 1.2750; (P) 1.2781; (R1) 1.2839; More… GBP/USD accelerates to as high as 1.2892 so far today. The strong break of 1.2826 resistance confirm resumption of whole rally from 1.2036. Intraday bias stays on the upside for 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. On the downside, below 1.2800
Daily Pivots: (S1) 1.2750; (P) 1.2781; (R1) 1.2839; More… GBP/USD rises further to as high as 1.2819 so far today and intraday bias remains on the upside for 1.2826 resistance. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. On the downside
Daily Pivots: (S1) 1.2694; (P) 1.2728; (R1) 1.2765; More… Intraday bias in GBP/USD remains on the upside at this point. Rise from 1.2517 should target 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. On the downside, below 1.2689
Daily Pivots: (S1) 1.2694; (P) 1.2728; (R1) 1.2765; More… GBP/USD’s rally from 1.2517 is in progress and intraday bias stays on the upside. Further rise would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For
Daily Pivots: (S1) 1.2672; (P) 1.2704; (R1) 1.2736; More… Intraday bias in GBP/USD remains on the upside at this point. Further rally would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For now, further rise