GBP/USD
outlook: Intraday 6715-31 is key level. Targets below are 6696-86,
6667, 6649-40 and 6625. Above targets are 6740, 6752, 6781-92 and 6835.
Today’s sensible range is 6667-6740. If gold stays above 1301 and EUR/USD stays above its key level of 3367-83, sensible range should be considered as 6686-6752/81. If USD/JPY remains above 102.46 and GBP/JPY remains above 171.37, positive momentum might be observed or vice versa. If EUR/GBP is trending above 8002 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 6640, 6686 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 6640, 6686 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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