There is a possible Long Position in GBPUSD after retouching the trending line on the Daily time frame, I will be looking to buy Immediately this is fulfilled. Check my diagram fr better understanding.
Looking that this Pair on Daily Time frame and shorter Time frame there is to room for it to ride up a little bit to the nearest Resistance Level 1.3123- 1.3200 before the bearish mode will start. Look to Sell around 1.3123 to 1.3150
EURUSD begins its upward movement last week Friday, there will be a little correction of the pair to downward movement. We expect the Pair to com e back to the nearest support to form Inverted Head and Shoulder before taken off back to bullish direction. Let see what the paid will do this week.
Expecting USDJPY to pull up a little bit and then take a U turn to Bearish direction with potential of getting to 108.84. Lett us see how this will play out in the coming weeks.
I am expecting GBPJPY to continue its bullish move with potential of reaching 145.58- 145.96 before pulling back to 143.21 -142.81 And from there I am expecting it to drive back up to 149.89 region. Please note that this is just my analysis and not a trade advice for anyone. Let see how it will play out soon.
