GBPUSD Intraday: Turning up

Swissquote Bank Research Team Swissquote Bank Ltd

EUR/USD

Rebound.

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Pivot (invalidation): 1.1215

Our preference
Long positions above 1.1215 with targets at 1.1275 & 1.1310 in extension.

Alternative scenario
Below 1.1215 look for further downside with 1.1185 & 1.1155 as targets.

Comment
The RSI calls for a rebound.

GBP/USD

Turning up.

Pivot (invalidation): 1.2840

Our preference
Long positions above 1.2840 with targets at 1.2905 & 1.2945 in extension.

Alternative scenario
Below 1.2840 look for further downside with 1.2790 & 1.2750 as targets.

Comment
The RSI calls for a new upleg.

USD/JPY

Aim @ 114.40.

Pivot (invalidation): 113.75

Our preference
Long positions above 113.75 with targets at 114.20 & 114.40 in extension.

Alternative scenario
Below 113.75 look for further downside with 113.55 & 113.35 as targets.

Comment
The RSI calls for a new upleg.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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