Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4191 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4191 with first target at 1.414 and second target at 1.4129 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6953 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.6953 with first target at 0.6891 and second target at 0.6881 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8099 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8099 with first target at 0.804 and second target at 0.8028 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 162.09 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 162.09 with first target at 162.63 and second target at 162.73 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3319 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3319 with first target at 1.3405 and second target at 1.3422 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.1446 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.1446 with first target at 1.1374 and second target at 1.136 in extension as take profits.