GBPUSD exposed to more declines in the short-term Outlook to stay neutral as long as the price holds above 1.2485 BoE policy announcement due at 12:00 GMT GBPUSD came under renewed downside pressure on the first trading day of February, feeling the blues from Powell’s hawkish rate message. The pair is currently testing the short-term […]
The post GBPUSD Relies on Support Levels as Bears Stay in Play appeared first on Action Forex.
Daily Pivots: (S1) 0.8835; (P) 0.8854; (R1) 0.8886; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8916 is still extending. Further rally is expected as long as 0.8773 resistance turned support holds. On Read more…
Daily Pivots: (S1) 1.2557; (P) 1.2609; (R1) 1.2641; More… GBP/USD’s fall from 1.3433 resumed by breaking through 1.2596 and intraday bias is back on the downside. Deeper fall should be seen to 100% projection of Read more…
Daily Pivots: (S1) 1.0439; (P) 1.0497; (R1) 1.0532; More… EUR/USD’s fall from 1.1213 resumed by breaking through 1.0495 temporary low. Intraday bias is back on the downside for 1.0447 support and then 1.0404 key fibonacci Read more…