
USD/CAD Intraday: the bias remains bullish.
Pivot: 1.3570
Our preference: long positions above 1.3570 with targets at 1.3620 & 1.3635 in extension.
Alternative scenario: below 1.3570 look for further downside with 1.3550 & 1.3530 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:1.3650,1.3635,1.3620,1.3596Last,1.3570,1.3550,1.3530
GBP/USD Intraday: the downside prevails.
Pivot: 1.2620
Our preference: short positions below 1.2620 with targets at 1.2545 & 1.2510 in extension.
Alternative scenario: above 1.2620 look for further upside with 1.2650 & 1.2680 as targets.
Comment: as long as the resistance at 1.2620 is not surpassed, the risk of the break below 1.2545 remains high.
Supports and resistances:1.2680,1.2650,1.2620,1.2583 Last,1.2545,1.2510,1.2480
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