Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 175.98 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 175.98 with first target at 176.75 and second target at 176.96 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8353 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8353 with first target at 0.8329 and second target at 0.8323 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 211.5 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 211.5 with first target at 209.98 and second target at 209.67 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.56 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.56 with first target at 0.5655 and second target at 0.5664 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4013 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4013 with first target at 1.3944 and second target at 1.3931 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.7015 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.7015 with first target at 0.7082 and second target at 0.7093 in extension as take profits.