Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3500 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3500 with first target at 1.3530 and second target at 1.3545 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.9135 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.9135 with first target at 0.9185 and second target at 0.9200 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 148.75 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 148.75 with first target at 149.20 and second target at 149.40 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.2175 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.2175 with first target at 1.2120 and second target at 1.2100 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6410 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.6410 with first target at 0.6365 and second target at 0.6350 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.0590 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.0590 with first target at 1.0540 and second target at 1.0520 in extension as take profits.