GBPUSD Intraday: Watch 1.3300
|EUR/USD
Target 1.1650.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1.1575
Our preference
Long positions above 1.1575 with targets at 1.1625 & 1.1650 in extension.
Alternative scenario
Below 1.1575 look for further downside with 1.1545 & 1.1515 as targets.
Comment
The RSI is bullish and calls for further upside. The pair is trading within a bullish channel drawn from the low of October 9.
GBP/USD
Watch 1.3300.
Pivot (invalidation): 1.3185
Our preference
Long positions above 1.3185 with targets at 1.3245 & 1.3300 in extension.
Alternative scenario
Below 1.3185 look for further downside with 1.3130 & 1.3100 as targets.
Comment
The RSI is mixed to bullish.
USD/JPY
Turning up.
Pivot (invalidation): 112.00
Our preference
Long positions above 112.00 with targets at 112.55 & 112.85 in extension.
Alternative scenario
Below 112.00 look for further downside with 111.80 & 111.55 as targets.
Comment
The RSI calls for a new upleg.
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.