Analysis

GBP/USD: Bearish for 1.3010 support area

EUR/USD Current level - 1.1569

I believe, that current dip is a minor pullback and should be limited above 1.1510, followed by another attempt higher, towards 1.1640. Intraday allow a dip to 1.1510 area.

resistance
intraday intraweek
1.1640 1.1835
1.1720 1.2010
support
intraday intraweek
1.1510 1.1300
1.1440 1.1100

 

 

USD/JPY Current level - 111.78

My outlook is counter-trend against 111.65, for a reversal and climb towards 112.50 resistance. An eventual break lower will challenge 110.40.

resistance
intraday intraweek
112.50 114.40
113.50 114.40
support
intraday intraweek
111.65 111.65
111.40 110.40

 

 

GBP/USD Current level - 1.3113

A reversal has been confirmed at 1.3260 and the bias is already bearish, for a slide towards 1.3010, en route to 1.2870 area. Key hurdle on the upside is projected at 1.3180.

resistance
intraday intraweek
1.3180 1.3440
1.3295 1.3440
support
intraday intraweek
1.3010 1.2570
1.2870 1.2570

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