Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4175 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4175 with first target at 1.4120 and second target at 1.4090 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6375 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.6375 with first target at 0.6430 and second target at 0.6455 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8810 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8810 with first target at 0.8855 and second target at 0.8870 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 151.90 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 151.90 with first target at 152.85 and second target at 153.20 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.2780 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.2780 with first target at 1.2730 and second target at 1.2710 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.0530 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.0530 with first target at 1.0480 and second target at 1.0460 in extension as take profits.