GBPUSD: Downtrend remains intact, for 1.2770

EUR/USD Current level - 1.1590

The pair failed to break through 1.1640 hurdle and currently the bias is neutral, within the 1.1570-1640 range. My outlook is rather bearish below 1.1640, for a slide towards 1.1509.

EURUSD

resistance

intraday

intraweek

1.1640

1.1750

1.1750

1.1830

support

intraday

intraweek

1.1570

1.1510

1.1510

1.1300

 

USD/JPY Current level - 111.12

I favor a break through 111.50 key level, towards 112.80 zone.

USDJPY

resistance

intraday

intraweek

111.50

114.50

113.20

114.50

support

intraday

intraweek

110.25

110.25

110.25

109.30

 

GBP/USD Current level - 1.2873

The general bias remains bearish, for a renewal of the downtrend towards 1.2770. Intraday there is a risk of another upswing to 1.2980 minor resistance.

GBPUSD

resistance

intraday

intraweek

1.2980

1.3210

1.3060

1.3460

support

intraday

intraweek

1.2920

1.2960

1.2840

1.2770

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