GBPUSD: Still bullish for 1.3340 area
EUR/USD Current level - 1.1866
The bias remains positive after the break through 1.1830 resistance and my outlook is bullish, for a rise towards 1.1940 area. Crucial on the downside is 1.1790 area.
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resistance | |||||||||||||||||
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intraday |
intraweek | ||||||||||||||||
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1.1890 |
1.1940 | ||||||||||||||||
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1.1940 |
1.2030 | ||||||||||||||||
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support | |||||||||||||||||
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intraday |
intraweek | ||||||||||||||||
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1.1830 |
1.1660 | ||||||||||||||||
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1.1790 |
1.1480 | ||||||||||||||||
USD/JPY Current level - 112.28
The outlook remains bearish, for a slide towards 111.50 zone. Crucial on the upside is 112.80.
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resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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intraday |
intraweek | ||||||||||||||||
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112.80 |
113.80 | ||||||||||||||||
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113.80 |
114.50 | ||||||||||||||||
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support | |||||||||||||||||
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intraday |
intraweek | ||||||||||||||||
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112.00 |
111.50 | ||||||||||||||||
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111.50 |
107.30 | ||||||||||||||||
GBP/USD Current level - 1.3242
The violation of 1.3220 resistance signals a further appreciation towards 1.3340 area. Crucial on the downside is 1.3170.
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resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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intraday |
intraweek | ||||||||||||||||
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1.3340 |
1.3340 | ||||||||||||||||
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1.3340 |
1.3650 | ||||||||||||||||
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support | |||||||||||||||||
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intraday |
intraweek | ||||||||||||||||
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1.3170 |
1.2910 | ||||||||||||||||
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1.3020 |
1.2760 | ||||||||||||||||
Author
Stoyan Mihaylov
DeltaStock.com
Stoyan Mihaylov, 42 years old, a Financial Analyst at Deltastock Inc, has an sixteen-year background as a senior FX Dealer, trading spot and outright forwards.
