GBP/USD: Bearish bias for 1.2610

EUR/USD Current level - 1.1159

The outlook here is bearish below 1.1180 resistance, for a slide through the local low at 1.1132, towards 1.1020 major support.

EURUSD

resistance

intraday

intraweek

1.1180

1.1360

1.1300

1.1610

support

intraday

intraweek

1.1108

1.1022

1.1020

1.0838

 

USD/JPY Current level - 111.58

The violation of the previous high at 111.40 signals, that the uptrend is renewed, heading for a break through 112.10 area, towards 113.00 zone.

USDJPY

resistance

intraday

intraweek

112.10

112.10

113.00

114.30

support

intraday

intraweek

111.40

109.08

109.10

108.12

 

GBP/USD Current level - 1.2739

My outlook here remains bearish below 1.2825, for a slide through 1.2634 low, towards 1.2480 support area. 

GBPUSD

resistance

intraday

intraweek

1.2825

1.2970

1.2880

1.3050

support

intraday

intraweek

1.2685

1.2610

1.2610

1.2480

These analyses are for information purposes only. They DO NOT post a BUY or SELL recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Deltastock’s Analyst Dept. also takes into consideration a number of fundamental and macroeconomic factors, which we believe impact the price moves of the observed instruments. Deltastock Inc. assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. Deltastock Inc. shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without notice.