Daily Pivots: (S1) 1.2928; (P) 1.2964; (R1) 1.2992; More… Intraday bias in GBP/USD remains neutral as range trading continues above 1.2842. Further decline is expected as long as 1.3042 resistance holds. Below 1.2842 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition in 4H […]
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Daily Pivots: (S1) 196.45; (P) 197.17; (R1) 197.85; More… Intraday bias in GBP/JPY stays neutral as consolidating from 199.79 is extending. Further rally is expected as long as 55 D EMA (now at 194.48) holds. Read more…