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GBP/USD: Positive outlook, for a break beyond 1.3000

Written by By Tomasz Wisniewki | 2019-02-11 08:59:59 GMT

My outlook remains counter-trend against 1.1290, for an upswing towards 1.1440.

EUR/USD

resistance
intraday intraweek
1.1390 1.1630
1.1440 1.1820
support
intraday intraweek
1.1290 1.1214
1.1290 1.1100

 

USD/JPY Current level - 109.97

The consolidation below 110.20 is still on track, but I favor a break on the upside to initiate a rise towards 111.45.

USD/JPY

resistance
intraday intraweek
110.20 111.45
111.45 112.20
support
intraday intraweek
109.60 106.70
109.10 104.60

 

GBP/USD Current level - 1.2911

The slide below 1.3000 should be considered corrective, preceding a break towards 1.3135. Trigger on the upside is 1.2970.

GBP/USD

resistance
intraday intraweek
1.2970 1.3290
1.3135 1.3480
support
intraday intraweek
1.2900 1.2800
1.2800 1.2610

Author

By Tomasz Wisniewki
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