Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4099 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.4099 with first target at 1.415 and second target at 1.4164 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.699 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.699 with first target at 0.6947 and second target at 0.6936 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8176 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8176 with first target at 0.8222 and second target at 0.8235 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 163.49 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 163.49 with first target at 164.12 and second target at 164.28 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3309 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3309 with first target at 1.3234 and second target at 1.3213 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.1385 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.1385 with first target at 1.1336 and second target at 1.1322 in extension as take profits.