GBP/USD
outlook: Intraday 6574-92 is key level. Targets below are 6559,
6545-36, 6514-06 and 6486. Above targets are 6614-22, 6642, 6667 and
6688. Today’s sensible range is 6559-6622/42. If gold stays above 1298 and EUR/USD stays above its key level of 3702-18, sensible range should be considered as 6536-6592. If USD/JPY remains above 103.03 and GBP/JPY remains above 171.04 positive momentum might be observed or vice versa. If EUR/GBP is trending above 8275 and EUR/USD is in bullish mode, GBP/USD might remain under pressure or vice versa. If
the market goes out of these ranges stay away from it as that will be
an abnormal behavior from intraday trading perspective.
From trend follow-up perspective important closing rates are > or < areas of 6559, 6587 and 6614. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture. #forex #forex_trading #gbpusd
From trend follow-up perspective important closing rates are > or < areas of 6559, 6587 and 6614. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture. #forex #forex_trading #gbpusd
No comments:
Post a Comment
Feel free to comment.