ActionForex

GBP/JPY Daily OutlookDaily Pivots: (S1) 193.87; (P) 194.87; (R1) 195.50; Intraday bias in GBP/JPY remains neutral for the moment for some consolidations. Further rally is expected as long as 191.94...

Stock markets were weighed down again by uncertainty over Greece's debt talk. Major US indices closed lower overnight and was followed by general weakness in Asian equities. Yesterday's meeting in...

GBP/JPY Daily OutlookDaily Pivots: (S1) 194.48; (P) 194.99; (R1) 195.40; Intraday bias in GBP/JPY remains neutral for the moment for some consolidations. Further rally is expected as long as 191.94...

Asian equities continue to ride of Greek optimism and are broadly higher today. That followed another day of rally in US equities where NASDAQ made another record at 5160.09, up 0.12%. DJIA and...

GBP/JPY Daily OutlookDaily Pivots: (S1) 194.68; (P) 195.12; (R1) 195.64; Intraday bias in GBP/JPY remains neutral for the moment for some consolidations. Further rally is expected as long as 191.94...

Optimism on progress in Greece debt negotiation gave risk markets a strong boost overnight. DJIA rose 103.83 pts, or 0.58%, to close at 18119.78 while S&P 500 rose 12.86 pts, or 0.61%, to close at...

GBP/JPY Daily OutlookDaily Pivots: (S1) 194.40; (P) 194.95; (R1) 195.30; Intraday bias in GBP/JPY remains neutral for the moment for some consolidations. Further rally is expected as long as 191.94...

Dollar ended the week as one of the weakest major currencies after Fed signaled that even if the first hike could still come in September, the following tightening path would remain gradual. The...

Euro remains in range as the week opens even though the Greece situation is once again at a make or break point. Eurozone leaders will meet in a crisis meeting to trying to bridge the gap between...

GBP/JPY Daily OutlookDaily Pivots: (S1) 193.70; (P) 194.64; (R1) 196.35; Intraday bias in GBP/JPY remains on the upside for the moment. Current rise should target 100% projection of 168.01 to 189.70...

Dollar weakened broadly as Fed signaled a gradual tightening path after keeping interest rate unchanged near zero yesterday. Policies makers maintained the projection that the federal fund rate would...

GBP/JPY Daily OutlookDaily Pivots: (S1) 192.33; (P) 192.73; (R1) 193.42; GBP/JPY's rally extends and reaches 193.29 so far today. Intraday bias remains on the upside. Current up trend is expected to...

Sterling stays firm against other major currencies as markets await BoE meeting minutes. The minutes are expected to show unanimous vote for keeping bank rate unchanged at 0.50% and held the asset...

GBP/JPY Daily OutlookDaily Pivots: (S1) 191.72; (P) 192.16; (R1) 192.92; GBP/JPY's rally continues and reaches 193.05 so far. Intraday bias remains on the upside. Current up trend is expected to...

Aussie stays steady tight range after RBA released minutes for its June 2 meeting. The central bank noted that it was "appropriate" to keep rates unchanged at historical low of 2.00% in June and to...

GBP/JPY Daily OutlookDaily Pivots: (S1) 191.37; (P) 191.79; (R1) 192.35; Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend is expected to extend to 100% projection of...