GBPUSD survived Monday’s freefall to the uncharted territory with minor damage, minimizing its losses from a record low of 1.0324 to 1.0683. The pair is currently aiming for a climb above Friday’s closing price of 1.0845 as the RSI and the stochastics seem to have bottomed in the oversold area, signaling a potential upside reversal. […]
The post GBPUSD Takes a Breather after Record Low appeared first on Action Forex.
Daily Pivots: (S1) 0.8642; (P) 0.8653; (R1) 0.8665; More… Intraday bias in EUR/GBP remains on the downside for 0.8611 support. Firm break there will resume the whole fall from 0.8863, and target 100% projection of Read more…
Daily Pivots: (S1) 211.64; (P) 212.03; (R1) 212.46; More… GBP/JPY’s rebound from 207.20 resumed by breaking through 212.10 and intraday bias is back on the upside for retesting 214.98 high. Firm break there will resume Read more…
Daily Pivots: (S1) 183.10; (P) 183.45; (R1) 183.84; More… Intraday bias in EUR/JPY remains neutral first. On the upside, above 184.75 will resume the rebound from 180.78 to retest 186.86 high. Firm break there will Read more…