Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 176.5 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 176.5 with first target at 177.96 and second target at 178.34 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8472 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8472 with first target at 0.8451 and second target at 0.8445 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 208.57 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 208.57 with first target at 209.95 and second target at 210.32 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5599 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.5599 with first target at 0.5634 and second target at 0.5642 in extension as take profits.

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 176.5 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 176.5 with first target at 177.96 and second target at 178.34 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8472 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8472 with first target at 0.8451 and second target at 0.8445 in extension as take profits.