GBP/USD
outlook: Intraday 6815-37 is key level. Targets below are 6780 and
6754. Above targets are 6876-87 and 6919. Today’s sensible range is 6815-6887/6919. If gold stays below 1292 and EUR/USD stays below its key level of 3408-30, sensible range should be considered as 6780-6837. If USD/JPY remains above 102.56 and GBP/JPY remains above 172.53, positive momentum might be observed or vice versa. If EUR/GBP is trending above 7961 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 6822 and 6872. 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.