GBPUSD loses momentum near three-year high, tests the channel’s upper band. Short-term bias remains bullish, but overbought conditions are evident. Bullish outlook remains intact above 1.3450. GBPUSD began July’s trading with sluggish momentum, following five consecutive months of gains that pushed the price to a three-year high of 1.3787 on Monday. Much of the pair’s […]
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Daily Pivots: (S1) 210.57; (P) 211.14; (R1) 212.26; More… Intraday bias in GBP/JPY remains neutral for the moment. Overall, price actions from 214.98 are seen as a corrective pattern that could extend further. On the Read more…
Daily Pivots: (S1) 182.66; (P) 183.03; (R1) 183.68; More… Intraday bias in EUR/JPY remains neutral at this point. On the downside, firm break of 180.78 support will indicate that fall from 186.86 is already correcting Read more…
Daily Pivots: (S1) 0.8642; (P) 0.8672; (R1) 0.8688; More… Intraday bias in EUR/GBP remains on the downside at tis point. Fall from 0.8788 is the third leg of the pattern from 0.8863. Deeper fall would Read more…