GBPUSD: Downtrend remains intact, for 1.2770
|EUR/USD Current level - 1.1590
The pair failed to break through 1.1640 hurdle and currently the bias is neutral, within the 1.1570-1640 range. My outlook is rather bearish below 1.1640, for a slide towards 1.1509.
|
|
USD/JPY Current level - 111.12
I favor a break through 111.50 key level, towards 112.80 zone.
|
|
GBP/USD Current level - 1.2873
The general bias remains bearish, for a renewal of the downtrend towards 1.2770. Intraday there is a risk of another upswing to 1.2980 minor resistance.
|
|
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.