Short GBPJPY when it break out MT resistance
114.40 have strong resistance, not easy to break out, so short at here could be a good choice
middle term resistance level is 111.75, break out this level then better buy
GBPJPY false break out at resistance level, so it turn to be bearish again
Still bullish for GBPJPY, long it should be good choice
Long GBPUSD when it break out middle term resistance
after strong up move last day, keep this pair bullish bias in middle term, here is break out set up for AUDNZD
As Gbpjpy break out downtrend line, long this pair could be a good choice
GBPJPY clear down trend today, so short at push back is good choice
1. after impulsive short move, push back to the key level 2. fib retracement to 50% So short the pair at this level, target to day low
After impulsive move to the day low, I'd like wait a opportunity to short, so Fib can be a good tool to find a good entry to sell
After impulsive down trend move, this pair in a corrective range, So I 'd like short it at the top of the range with small stop loss, target to previous low.
USDJPY should break out the day low later, so here is a break out setup