Pound Technical Analysis: GBP/USD Set up to Stay Strong
A generally weak dollar is setting up cable and others to rally in the days ahead; GBP/USD lines and levels to watch.
Trading Strategies
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 103.12; (P) 103.84; (R1) 104.23; More... USD/JPY drops to as low as 103.17 so far today and met 100% projection of 1...
USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.9007; (P) 0.9070; (R1) 0.9104; More… USD/CHF drops to as low as 0.8984 so far today. Break of 0.8998 support indic...
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3004; (P) 1.3080; (R1) 1.3226; More… GBP/USD is still bounded in range of 1.2853/3175. Intraday bias remains neutr...
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1741; (P) 1.1800; (R1) 1.1890; More….. EUR/USD’s rally continues today and hits as high as 1.1890 so far. Break of...
USD/CAD Technical Outlook: Looking to Snap Support, Extend Slide
USD/CAD is very near breaking long-term support, which will put it in danger of trading off by a much larger amount.
GBP/JPY Daily Outlook
Daily Pivots: (S1) 135.38; (P) 135.85; (R1) 136.60; More… Intraday bias in GBP/JPY remains neutral as range trading continues. As long ...
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.2994; (P) 1.3086; (R1) 1.3144; More…. USD/CAD’s break of 1.3081 resistance argues that consolidation from 1.2994 h...
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.6180; (P) 1.6287; (R1) 1.6342; More… Intraday bias in EUR/AUD remains on the downside at this point. Fall from 1.6...
EUR/CHF Daily Outlook
Daily Pivots: (S1) 1.0676; (P) 1.0702; (R1) 1.0720; More… EUR/CHF is staying in consolidation from 1.0661 and intraday bias remains neu...