Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4117 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4117 with first target at 1.4062 and second target at 1.4049 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6936 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.6936 with first target at 0.6983 and second target at 0.6994 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8276 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8276 with first target at 0.8221 and second target at 0.821 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 158.59 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 158.59 with first target at 157.58 and second target at 157.34 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3341 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3341 with first target at 1.3367 and second target at 1.3383 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.1243 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.1243 with first target at 1.1187 and second target at 1.1175 in extension as take profits.