Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4031 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.4031 with first target at 1.4081 and second target at 1.4095 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.705 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.705 with first target at 0.7 and second target at 0.6988 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8263 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8263 with first target at 0.831 and second target at 0.8321 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 158.07 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 158.07 with first target at 157.32 and second target at 157.15 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3347 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3347 with first target at 1.3277 and second target at 1.326 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.1172 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.1172 with first target at 1.1113 and second target at 1.1101 in extension as take profits.