Overall my bias is bearish on EURGBP and it's currently printing a nice bearish flag. So, I'm looking for potential shorts in this area. Keep in mind it's the beginning of the week.
CHFJPY has rebounded during the latter half of September, showing off strength and resilience against the Japanese Yen. A tough road lies ahead as resistance is abundant at it's current weekly high. If price stays below this area, I will open up sell positions for a generous risk-to-reward. #CHFJPY
Price is hovering in critical supply area where price sold off in August. Will history repeat itself? Looking for shorts in this area if last month's high stays in tact for a nice 6:1 risk-to-reward.
The British Pound is back a critical demand area after cementing it's monthly low at 1.36000. I am projecting the British Pound to rise victorious against the U.S. Dollar and smash through our long-term target of 1.39000.
Hello traders, We are anticipating a continued move to the upside on GBP/JPY . Currently, price is at the psychological resistance level of 140.000. I would like to see a clean break of this level and retest for a continued move towards our long-term targets of 145.000 & 155.000.
On the weekly chart, we can see that the pair bounced off the weekly support zone and is now seeing upside to resistance.