EUR/USD INTRADAY: UNDER PRESSURE.

Pivot: 1.3100.

Most Likely Scenario: SHORT positions below 1.31 with 1.3 & 1.295 as next targets.

Alternative scenario: The upside penetration of 1.31 will call for a rebound towards 1.316 & 1.324.

Comment: The pair has broken below its strong support and remains on the downside.

Trend: ST Consolidation; MT Bearish

Key levels Comment

GBP/USD INTRADAY: UNDER PRESSURE. 

Pivot: 1.5535.

Most Likely Scenario: SHORT positions below 1.5535 with 1.5445 & 1.5415 as next targets.

Alternative scenario: The upside penetration of 1.5535 will call for 1.5585 & 1.5625.

Comment: The pair stands below its new resistance and remains under pressure.

Trend: ST Ltd Downside; MT Range

Key levels Comment 

GOLD (SPOT) INTRADAY: TARGET 1607 

Pivot: 1670.00

Most Likely Scenario: SHORT positions below 1670 with 1607 & 1590 as next targets.

Alternative scenario: The upside breakout of 1670 will open the way to 1691 & 1703.

Comment: The immediate trend remains up but the momentum is weak.

Trend: ST Consolidation; MT Bullish

Key levels Comment