Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 184.71 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 184.71 with first target at 185.48 and second target at 185.67 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8572 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8572 with first target at 0.8591 and second target at 0.8596 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 215.46 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 215.46 with first target at 216.68 and second target at 216.98 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.594 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.594 with first target at 0.5985 and second target at 0.5995 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.7996 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.7996 with first target at 0.7925 and second target at 0.7912 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 159.29 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 159.29 with first target at 157.81 and second target at 157.61 in extension as take profits.