GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21050
TP: 1.18540
SL: 1.22880
Bias: Short
The dynamic support and resistance of this pair is demonstrating a bearish bias. The oscillations and momentum study show that the pair is yet to wait for a big move but we can expect a short term price drop.
Harmonictraders
JPYUSD ShortTime Frame: 4H
Symbol: JPYUSD
Entry: 0.007332
TP: 0.007126
SL: 0.007514
Bias: Short
Though the price pattern is showing a low volatile ranging condition, there is a possibility of entering a short opportunity. Our decision is purely guided by historical price action study. So any major fundamental factor can have a massive influence to break out of this zone.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21623
TP: 1.19132
SL: 1.23783
Bias: Short
Our technical analysis of this pair shows a medium probability set up for a short opportunity. Considering the historical momentum and other driving forces like oscillations and volatility we are planning to go for a sell trade.