Analysis

GBPUSD: Still bullish for 1.3340 area

EUR/USD Current level - 1.1866

The bias remains positive after the break through 1.1830 resistance and my outlook is bullish, for a rise towards 1.1940 area. Crucial on the downside is 1.1790 area.

resistance

intraday

intraweek

1.1890

1.1940

1.1940

1.2030

support

intraday

intraweek

1.1830

1.1660

1.1790

1.1480

 

USD/JPY Current level - 112.28

The outlook remains bearish, for a slide towards 111.50 zone. Crucial on the upside is 112.80.

resistance

intraday

intraweek

112.80

113.80

113.80

114.50

support

intraday

intraweek

112.00

111.50

111.50

107.30

 

GBP/USD Current level - 1.3242

The violation of 1.3220 resistance signals a further appreciation towards 1.3340 area. Crucial on the downside is 1.3170.

resistance

intraday

intraweek

1.3340

1.3340

1.3340

1.3650

support

intraday

intraweek

1.3170

1.2910

1.3020

1.2760

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.