GBP/USD Intraday: bullish bias above 1.3055
|EUR/USD
Watch 1.1115.
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Pivot (invalidation): 1.1145
Our preference
Short positions below 1.1145 with targets at 1.1125 & 1.1115 in extension.
Alternative scenario
Above 1.1145 look for further upside with 1.1160 & 1.1175 as targets.
Comment
A break below 1.1125 would trigger a drop towards 1.1115.
GBP/USD
Bullish bias above 1.3055.
Pivot (invalidation): 1.3055
Our preference
Long positions above 1.3055 with targets at 1.3090 & 1.3105 in extension.
Alternative scenario
Below 1.3055 look for further downside with 1.3035 & 1.3015 as targets.
Comment
The break above 1.3055 is a positive signal that has opened a path to 1.3090.
USD/JPY
The upside prevails.
Pivot (invalidation): 110.05
Our preference
Long positions above 110.05 with targets at 110.35 & 110.50 in extension.
Alternative scenario
Below 110.05 look for further downside with 109.90 & 109.80 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
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