GBP/USD
outlook: Intraday 6678-92 is key level. Targets below are 6660, 6640,
6622 and 6595. Above targets are 6726-29, 6754, 6784 and 6825. Today’s
sensible range is 6640-6692. If gold stays above 1311 and EUR/USD stays above its key level of 3371-90, sensible range should be considered as 6678-6754/84. If USD/JPY remains above 102.45 and GBP/JPY remains above 170.92, positive momentum might be observed or vice versa. If EUR/GBP is trending above 8013 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 6660, 6695 and 6726. 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 6660, 6695 and 6726. 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
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