Freeforexsignals
GBPUSD Long Symbol: GBPUSD
Time Frame: 4H
Bias: Long
The overall price direction is long for gbpusd. We can expect a further move in the established direction. We have plaotted a short term momentum move for gbpusd which s=has some positive correlation with eurusd and other synthetic instruments. Let's hope for the best.
JPYUSD LongSymbol: JPYUSD
Time Frame: Daily
Bias: Long
The instrument has reached a critical long term support level ,technically there is high probability of reverse. If market condition is not greatly influenced by fundamental factors, there is a greater possibility of mean reversion and therefore an upward move.
GBP/JPY Signal - GBP GDP Data - 13 Oct 2021GBPJPY is trending to the upside currently prior to the GBP Gross Domestic Product data, which measures the total value of all goods and services produced domestically. Technically the pair has broken above the key 154 level, and the RSI is holding bullish levels. We anticipate continued upside into 155.50.
GBP/USD Signal - GBP Claimant Count Rate - 12 Oct 2021GBPUSD is trending to the upside currently prior to the GBP Claimant Count Rate, which measures the number of people applying for unemployment benefits. Technically the pair has broken the immediate bearish structure, and the 4h chart RSI is mixed. We anticipate continued upside today.