Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 185.35 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 185.35 with first target at 185.88 and second target at 186 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8558 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8558 with first target at 0.8579 and second target at 0.8584 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 216.44 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 216.44 with first target at 217.05 and second target at 217.21 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5923 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.5923 with first target at 0.5885 and second target at 0.5874 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3888 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3888 with first target at 1.3832 and second target at 1.3817 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.7169 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.7169 with first target at 0.7131 and second target at 0.7122 in extension as take profits.