After breaking the weekly resistence on a LONG due to news outbreak, GBPUSD has dropped back below the Weekly Resistence line and has an opportunity for CONFLUENCE as the Weekly Resistence Line is lining up with 38.2 Resistence zone. Waiting til the London session and for News before exucting this trade in either direction.
GBPAUD has retested monthly resistence and formed an M formation, waiting till the end of Sydney or open of London session to possibly execute a sell. Currently the pair could see rise in price until it finds its preferred Price resistence zone.
Rejected the H4 resistance line, and showed CONFLUENCE at 78.2 PRZ. Has created a lower high at 61.8% PRZ looking like a great entry opportunity.
Expectation of a sell, should be active and retest by the London session
Expecting for a retest at 61.8% after today's news and Trump's speech caused a spike on an overall downtrend.
GA is showing strong signs of reversal as it needs to test the broken trendline, expect price to come over the next couple of days and retest at 38.2% retracement. First Take profit