GBP/USD: Bearish for 1.3040 lows

EUR/USD Current level - 1.1657

The bias is negative, for a slide towards 1.1600. Crucial on the upside is yesterday's peak at 1.1755.

Forex Technical Analysis on EUR/USD

resistance

intraday

intraweek

1.1700

1.1830

1.1830

1.2050

support

intraday

intraweek

1.1680

1.1510

1.1600

1.1300

 

 

USD/JPY Current level - 112.54

The uptrend is intact, heading towards 112.90 resistance and I favor a break through the latter to allow a continuation towards 114.50 area. 

Forex Technical Analysis on USD/JPY

resistance

intraday

intraweek

112.90

112.90

113.70

114.50

support

intraday

intraweek

112.35

110.20

111.40

106.70

 

 

GBP/USD Current level - 1.3164

The outlook remains bearish, for a dip to 1.3100, en route to 1.3040. Crucial on the upside is 1.3240.

Forex Technical Analysis on GBP/USD

resistance

intraday

intraweek

1.3240

1.3618

1.3460

1.3990

support

intraday

intraweek

1.3100

1.3040

1.3040

1.2770

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