Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.0995-1.1010 on the upside, 1.0765-1.0780 on the downside.
AUDUSD: 0.7145-0.7160 on the upside, 0.6955-0.6970 on the downside.
USDJPY: 122.35-122.50 on the upside, 117.55-117.70 on the downside.
GBPUSD: 1.4545-1.4560 on the upside, 1.4235-1.4250 on the downside.
USDCAD: 1.4150-1.4165 the upside, 1.3870-1.3885 on the downside.
NZDUSD: 0.6635-0.6650 on the upside, 0.6410 - 0.6425 on the downside.
EURJPY: 132.80 -132.95 on the upside, 128.00 -128.15 on the downside.
EURGBP: 0.7630-0.7645 on the upside, 0.7470-0.7485 on the downside.
XAUUSD: 1140.00-1150.00 on the upside, 1095.00-1105.00 on the downside.
BRENT: 38.00-39.00 on the upside, 28.50-29.50 on the downside.
SP500: 1965.00-1975.00 on the upside, 1845.00-1855.00 on the downside.
Warning! Propareos levels do not take into account fundamental developments. Their validity is reduced on days when the NFP is released and when Central Banks change their interest rate.
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GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
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