Price Currently Ragnging betwen 152.231/151.813
My two biases are
Potencial buys above 151.813 targeting 152.514 ( 30 pip) range
Potencial sells belove 151.813 targeting 151.450 (35 pip) range
always secure 10 pips and let rest run
Waiting for candle to break above 151.700 and to see how next candle will play out for price to continue 152.511 area
And for Pontencial sells 150.095 candle to close with next one to see how will it play out,targeting 149.300
That are my two biasis for this pair,Alwais secure 10 pips and let the rest run,Use proper risk menagment!
Not Your Financial Advisor. . All tarade idea given should not be taken as trade advice. RISK IS INVOLVED!USE proper risk managment with proper stop loss
1.Support is created around 151.600
2.Resistance is created around 153.200
3.Price is currently ranging for me smaller time frame are real mess so decided t use higher time frame as Daily
4.Possible sells below 151.600 as we have clean candels all the way with next support waiting around 149.592
5.Possible buys above 153.200 keeping in mind that we reject 153.400...
1.Potencial buys above 1.8808 keeping in mind minior resistance 1.38933 with volume expecting price to push thru 1.38933 to 1.39200 resistance
2.No trade area between 1.38808-1.38538
3.Potencial sells below 1.38538 till 1.38081 support
Still waiting for market to show us direction since monday.GBP/JPY is consolidating beetwen 153.160 and 152.685.Am personaly looking for potencial buys above 153.160 and for potencial sells below 152.685.
