GBPJPY H4 - UK PMI data was positive, along with retail sales data before the session had even kicked off. Looking to see if we find support around 138.850, we could then look to trade back up to resistance.
DXY H4 - This week ended being quite choppy after FOMC and jobless claims data. Broken and retraced back into a big trading zone with threw things a little for me. If we can break support again, we could classify that previous recovery back above into that 92.60 resistance a fake out and data fuelled, something short lived which couldn't hold, expecting support to...
GBPCAD H1 - Starting to restrict a little here at this resistance zone. As indicated, we ideally need to break and retest this resistance (turn to support), when we find support on the retest, this could be our buy opportunity. Break and retest is imperative, otherwise you'll effectively be buying from resistance. Some other GBP pairs looking like they want to...
GBPJPY H1 - Very much just resumed play from yesterdays action, nice break and retest of that flag consolidation, before then pushing upside again, new highs been set after the breakout which is positive for further upside potential
Higher timeframe break and retest, the retest zone has been seen. Now looking for a rejection on resistance to make that right shoulder, before seeing potential shorts.