GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2900; (P) 1.2938; (R1) 1.2981; More…. Intraday bias in GBP/USD remains neutral as consolidation from 1.3012 is extending. Another fall could be seen. But downside should be contained above 1.2582 resistance turned support to bring rise resumption. On the upside, break of 1.3012 will resume the rise from 1.1958 to 161.8% projection […]

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1130; (P) 1.1153; (R1) 1.1174; More… EUR/USD drops notably in early US session but stays above 1.1062 minor support. Intraday bias remains neutral first and another rise is still in favor. On the upside break of 1.1179 will resume the rebound from 1.0879 to 1.1412 key resistance. However, break of 1.1062 will […]

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EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1130; (P) 1.1153; (R1) 1.1174; More… EUR/USD is still bounded in consolidation fro 1.1179 and intraday bias stays neutral first. With 1.1062 support intact, further rise is still expected. On the upside break of 1.1179 will resume the rebound from 1.0879 to 1.1412 key resistance. However, break of 1.1062 will argue that […]

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GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2900; (P) 1.2938; (R1) 1.2981; More…. GBP/USD is still bounded in consolidation from 1.3012 and intraday bias stays neutral for the moment. Another fall could still be seen as the consolidation extends. But downside should be contained above 1.2582 resistance turned support to bring rise resumption. On the upside, break of 1.3012 […]

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1103; (P) 1.1127; (R1) 1.1175; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.1179 is extending. Further rise is expected with 1.1062 minor support intact. On the upside break of 1.1179 will resume the rebound from 1.0879 to 1.1412 key resistance. However, break of 1.1062 will argue that rebound from […]

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GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2861; (P) 1.2884; (R1) 1.2923; More…. GBP/USD is staying in consolidation below 1.3012 and intraday bias remains neutral first. Another fall cannot be ruled out. But downside should be contained above 1.2582 resistance turned support to bring rise resumption. On the upside, break of 1.3012 will resume the rise from 1.1958 to […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1103; (P) 1.1127; (R1) 1.1175; More… Despite the current strong rebound, EUR/USD is staying below 1.1179 temporary top. Intraday bias remains neutral first. Further rise is expected with 1.1062 minor support intact. On the upside break of 1.1179 will resume the rebound from 1.0879 to 1.1412 key resistance. However, break of 1.1062 […]

The post EUR/USD Daily Outlook appeared first on Action Forex.

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2861; (P) 1.2884; (R1) 1.2923; More…. Intraday bias in GBP/USD remains neutral as consolidation from 1.3012 is still in progress. Another fall cannot be ruled out. But downside should be contained above 1.2582 resistance turned support to bring rise resumption. On the upside, break of 1.3012 will resume the rise from 1.1958 […]

The post GBP/USD Daily Outlook appeared first on Action Forex.

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2816; (P) 1.2860; (R1) 1.2914; More…. Intraday bias in GBP/USD remains neutral for consolidation below 1.3012. Deeper retreat cannot be ruled out, but downside should be contained above 1.2582 resistance turned support to bring rise resumption. On the upside, break of 1.3012 will resume the rise from 1.1958 to 161.8% projection of […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1084; (P) 1.1101; (R1) 1.1128; More… Intraday bias in EUR/USD remains neutral as consolidations from 1.1179 is still in progress. Further rise is expected with 1.1062 minor support intact. On the upside break of 1.1179 will resume the rebound from 1.0879 to 1.1412 key resistance. However, break of 1.1062 will argue that […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.