ActionForex

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.04; (P) 148.69; (R1) 149.29; With 149.98 minor resistance intact, deeper fall is expected in GBP/JPY for 146.92 support and below. Fall from 151.92 is seen...

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US equities generally lower overnight as the global market rout continued, but sentiments stabilized in Asian session. DOW lost -138.19 pts, or -0.59% to end at 23271.28. It breached 23251.11 near...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.79; (P) 149.17; (R1) 149.73; More... Intraday bias in GBP/JPY remains mildly on the downside for 146.92 support and below. Fall from 151.92 is seen as the...

Australian dollar tumbles broadly today as wage growth data disappoints. That also add to case for RBA to divergence from global tightening and stand pat ahead. Yen surges broadly as GDP miss...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.61; (P) 149.46; (R1) 150.54; At this point, intraday bias in GBP/JPY remains mildly on the downside for 146.92 support and below. Fall from 151.92 is seen...

After suffering steep selloff yesterday on political uncertainties, Sterling stabilized and recovers mildly today. But focus will set to stay in the UK with CPI featured in the economic calendar. For...

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.01; (P) 149.50; (R1) 150.17; Intraday bias in GBP/JPY remains neutral at this moment. Overall, it's bounded in consolidation pattern from 152.82. Break of...

Sterling tumbles broadly as another week starts on political concerns. Prime Minister Theresa May's position is getting shaky as more MPs are getting impatient with her. Brexit Secretary David Davis...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.46; (P) 149.08; (R1) 149.76; No change in GBP/JPY's outlook. We're slightly favoring the case that fall from 151.92 is extending as the third leg of the...

The US markets responded negatively overnight as Senate's version of tax plan confirmed they wanted to delay corporate tax cut by a year. But considering intraday price actions, the reactions were not...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.55; (P) 149.32; (R1) 150.11; We're slightly favoring the case that fall from 151.92 is extending as the third leg of the correction pattern from 152.82....

Dollar continues to trade generally weak today on worries of a delay in implementing corporate tax cut. EUR/USD edged lower to 1.1553 earlier this week but is now back above 1.16 as the greenback...

GBP/JPY Daily OutlookDaily Pivots: (S1) 149.70; (P) 150.01; (R1) 150.37; Intraday bias in GBP/JPY remains neutral first. At this point, we're still favoring the case that recovery from 146.92 has...

Dollar weakens overnight on report that Senate Republicans are considering to delay corporate tax cut by a year. The greenback pared back some of this week's gains and turned mixed for the week....

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.68; (P) 149.10; (R1) 149.52; Intraday bias in GBP/JPY is turned neutral with the current recovery. At this point, we're still favoring the case that...