Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 160.06 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 160.06 with first target at 161.76 and second target at 162.25 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8459 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8459 with first target at 0.8409 and second target at 0.8395 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 189.72 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 189.72 with first target at 191.58 and second target at 192.12 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5588 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.5588 with first target at 0.5640 and second target at 0.5654 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4430 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.4430 with first target at 1.4490 and second target at 1.4515 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6220 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.6220 with first target at 0.6185 and second target at 0.6170 in extension as take profits.