GBP/USD Intraday: bullish bias above 1.2865
|EUR/USD
Towards 1.1045.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1.1010
Our preference
Long positions above 1.1010 with targets at 1.1035 & 1.1045 in extension.
Alternative scenario
Below 1.1010 look for further downside with 1.1000 & 1.0990 as targets.
Comment
The RSI lacks downward momentum.
GBP/USD
Bullish bias above 1.2865.
Pivot (invalidation): 1.2865
Our preference
Long positions above 1.2865 with targets at 1.2895 & 1.2910 in extension.
Alternative scenario
Below 1.2865 look for further downside with 1.2845 & 1.2825 as targets.
Comment
The break above 1.2865 is a positive signal that has opened a path to 1.2895.
USD/JPY
Target 108.85.
Pivot (invalidation): 108.45
Our preference
Long positions above 108.45 with targets at 108.70 & 108.85 in extension.
Alternative scenario
Below 108.45 look for further downside with 108.25 & 108.10 as targets.
Comment
The RSI is bullish and calls for further advance.
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.