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GBP/USD: Still positive, for 1.3250 area

EUR/USD Current level - 1.1678

Nothing interesting here, as only a violation of 1.1730 area will unleash a move towards 1.1835.

Forex Technical Analysis on EUR/USD
resistance
intradayintraweek
1.17301.1730
1.18401.1840
support
intradayintraweek
1.16501.1300
1.15301.1100
resistance
intradayintraweek
1.17301.1730
1.18401.1840
support
intradayintraweek
1.16501.1300
1.15301.1100

USD/JPY Current level - 112.14

The uptrend remains intact heading for a break through 112.60, en route to 113.20 area. Crucial low is projected at 111.65.

Forex Technical Analysis on USD/JPY
resistance
intradayintraweek
112.60113.20
113.20114.50
support
intradayintraweek
111.65109.30
109.70109.30
resistance
intradayintraweek
112.60113.20
113.20114.50
support
intradayintraweek
111.65109.30
109.70109.30

GBP/USD Current level - 1.3147

The recent reversal at 1.3215 is only a minor one and the overall outlook is still bullish, for 1.3250. Key support lies at 1.3050-80.

Forex Technical Analysis on GBP/USD
resistance
intradayintraweek
1.32151.3120
1.32501.3250
support
intradayintraweek
1.30501.2570
1.29601.2570
resistance
intradayintraweek
1.32151.3120
1.32501.3250
support
intradayintraweek
1.30501.2570
1.29601.2570

Author

Stoyan Mihaylov

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.

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