EURGBP, UPCOMING NEWS ABOUT CONSUMER PRICE INDEX AND BoE's Governor speech should in favor of GBP.
We expect a strong bullish impulse at the region that we are interested in, this can be either 100 pips moves or 200 depedning on the liquidity.
We expect price to comes to our area where there POI and BEO which is a good sign for us to go short with this pair till 79.00 before buyers comes in.
So price ranging high and lows indicating a strong bullish impulse till 60k before it drop, i can see liquadity will make it clear move.
We have a clear bearish trend and it will continue till 89.00 in my view therefore price may react to our area as if it goes above the previous high then it will invalidated the setup. Please wait for a clear conformation before jumping into taking trade.
A last drop before buyers comes in the market this drop can be at least 100 pips or move if it respect our area of entering.
NZDJPY is at the beginning of a strong bearish impulse which can be around 200 pips!!! so therefore, we can expect price to respect these region.
CADJPY is in the beginning of the bigger bearish impulse and therefore there are two areas where price may react or reject from the region, first one is 90.97 and the other is 91.20 lets wait and see, how price react at these areas.
GBP has been all year weak which suggest the GBP will remain bearish until the new month candle open so we may see price to come down to 1.3300 region before it changes the trend. There are two screnarios here price may reject at the 1.3495 region or move up to the another structure. But long term view remain bearish.