GBP/USD: Bearish below 1.3050 for 1.2810
|EUR/USD Current level - 1.1727
The overall outlook remains bearish after the recent low at 1.1687, for a slide towards 1.1580 major support zone. Intraday, there is a risk of a brief spike to 1.1780 area.
|
|
||||||||||||||||
USD/JPY Current level - 109.94
The bias is still bearish below 110.30 minor resistance, for a dive towards 108.80 zone.
|
|
||||||||||||||||
GBP/USD Current level - 1.2971
The consolidation pattern above 1.2950 is running out of steam, so 1.3050 resistance is expected to cap the upside and to provoke another leg downwards, to 1.2810 area.
|
|
||||||||||||||||
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.