Daily Pivots: (S1) 1.2397; (P) 1.2435; (R1) 1.2463; More… Intraday bias in GBP/USD remains neutral for more consolidations. Upside of recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2404 will resume the decline from 1.2892 to 100% projection of 1.2892 to 1.2538 from 1.2708 at
GBPUSD Outlook
Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD remains neutral at this point and more consolidations could be seen. Recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2407 will resume the decline from 1.2892 to 100% projection of 1.2892 to
Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD stays neutral first and more consolidations could be seen. But recovery recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2419 will resume the decline from 1.2892 to 100% projection of 1.2892 to
Daily Pivots: (S1) 1.2396; (P) 1.2481; (R1) 1.2535; More… Intraday bias in GBP/USD is turned neutral with 4H MACD crossed above signal line. Some consolidations would be seen first, but recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, break of 1.2425 will resume the decline from 1.2892 to
Daily Pivots: (S1) 1.2396; (P) 1.2481; (R1) 1.2535; More… Intraday bias in GBP/USD remains on the downside at this point. Current fall from 1.2892 is in progress for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target 161.8% projection at 1.2207 next. On the upside, above 1.2510 minor resistance
GBP/USD’s fall from 1.2892 resumed accelerated to as low as 1.2425 last week. Initial bias stays on the downside this week for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target 161.8% projection at 1.2207 next. On the upside, above 1.2510 minor resistance will turn bias neutral and bring
Daily Pivots: (S1) 1.2516; (P) 1.2548; (R1) 1.2584; More… GBP/USD’s fall continues to as low as 1.2452 so far. Intraday bias stays on the downside for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354 next. On the upside, above 1.2538 support turned resistance will turn intraday bias neutral and bring consolidations, because staging