Analysis

GBP/USD: Still positive, for 1.3250 area

EUR/USD Current level - 1.1678

Nothing interesting here, as only a violation of 1.1730 area will unleash a move towards 1.1835.

resistance
intraday intraweek
1.1730 1.1730
1.1840 1.1840
support
intraday intraweek
1.1650 1.1300
1.1530 1.1100

 

 

USD/JPY Current level - 112.14

The uptrend remains intact heading for a break through 112.60, en route to 113.20 area. Crucial low is projected at 111.65.

resistance
intraday intraweek
112.60 113.20
113.20 114.50
support
intraday intraweek
111.65 109.30
109.70 109.30

 

 

GBP/USD Current level - 1.3147

The recent reversal at 1.3215 is only a minor one and the overall outlook is still bullish, for 1.3250. Key support lies at 1.3050-80.

resistance
intraday intraweek
1.3215 1.3120
1.3250 1.3250
support
intraday intraweek
1.3050 1.2570
1.2960 1.2570

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.