Onestepfx
GBPCAD - Zone to watch this week Price has been ranging between 1.7400 and 1.77200 however price has broken the top o the 1.77200 range which shows supply at this level could be weaker.
There is a fresh Daily Supply at 1.78800 level which is where I will be watching to see if price reaches this zone to short down to fresh Demand at 1.72500
GBPJPY - Zones to watch to get Long this week Price has been pushing higher this past week.
On the 4hr we have had a solid DBR which leads me to believe we could see some pull before price pushes higher.
This does look like it could set up for a RBD back into the the 145.700 level which is where I will place an order to get long.
Target areas to watch would de a daily Supply level at 152.00 and the we have a Weekly supply at 153.00 however the Daily level has yet to be tested
GBPUSD - Some to watch for potential swing to the upside Price has been pushing higher this past week.
Similar to the GBPAUD chart there is an obvious Daily zone, this is too wide a risk for my liking.
Down on the 1hr chart I have found a demand zone that is just above the Daily price, which when looked on the 1hr chart is very sideways.
Will wait and see what price does
GBPJPY - Daily Zones To watch Having a look through the timeframes the only areas that are standing out are currently on the Daily TF
Price has been pushing higher, given the previous price action, as marked out in the rectangle box there is a fresh zone at the 152.00 level
will wait for further confirmation on current direction
GBPAUD - Longer Term Swing I have Identified a strong demand zone that if plays out could be a great entry for a longer term swing to the upside.
Rally Base Rally has occurred, price has come back to re test a higher zone a couple of times which for me means there is a higher probability now that price won't respect this level.
Demand zone I'm looking at is between the 1.8520 and 1.84900 level.
On the Daily Chart there is a more obvious Supply Zone formed which current price is closer too.
GBPUSD - Zones to watch this week Price has been pushing higher this past week.
there haven't been any real strong moved and mostly moved sideways.
Ill be watching the 4hr demand zone for potential longs.
First target of most recent highs offers a rr of: 3.9 :1
Secondary Targets would be the next set of highs at the 1.32 level offering a rr of 6.6 :1
GBPJPY - Zones to Watch this coming Week Price has touched and moved sideways from the recent Daily Zone.
Looking at the Daily price has continued its bullish movement up.
What I'm watching is the 1 hr demand zone to go long, a retest of the Daily supply offers a RR of: 4.5 :1
If price pushed higher I would be looking at the 147.00 level as a higher target offering a RR of: 9.8 :1