Daily Pivots: (S1) 198.14; (P) 198.61; (R1) 199.48; More… Intraday bias in GBP/JPY remains neutral for the moment as consolidations continue below 199.96. While deeper pullback cannot be ruled out, further rally will remain in favor as long as 195.33 support holds. Above 199.96 will resume the rise from 184.35 to 100% projection of 180.00 […]
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European currencies are showing subdued dynamics, entering a consolidation phase following their previous advance. Earlier, EUR/USD and GBP/USD broke out of their ranges and strengthened; however, the subsequent correction has led both pairs to retest Read more…
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