GBP/USD Intraday: 1.2095 expected
|EUR/USD
Under pressure.
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Pivot (invalidation): 1.1105
Our preference
Short positions below 1.1105 with targets at 1.1065 & 1.1050 in extension.
Alternative scenario
Above 1.1105 look for further upside with 1.1120 & 1.1140 as targets.
Comment
As Long as the resistance at 1.1105 is not surpassed, the risk of the break below 1.1065 remains high.
GBP/USD
1.2095 expected.
Pivot (invalidation): 1.2150
Our preference
Short positions below 1.2150 with targets at 1.2115 & 1.2095 in extension.
Alternative scenario
Above 1.2150 look for further upside with 1.2175 & 1.2200 as targets.
Comment
A break below 1.2115 would trigger a drop towards 1.2095.
USD/JPY
Turning down.
Pivot (invalidation): 106.65
Our preference
Short positions below 106.65 with targets at 106.30 & 106.10 in extension.
Alternative scenario
Above 106.65 look for further upside with 106.80 & 106.95 as targets.
Comment
The index currently faces a challenging resistance area at 106.65.
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