After a good bounce off 1.32000 level we see a break outside the retracement zone with potential for long push to 1.46000 resistance level
SHORT back to support level 130.000 potential reversal back up from that level or continuation of Short
short term long targeting the previous resistances level , if it breaks that level will target 0.86000 llevel to keep with long term trend
CAD is seeing a lot of strength due to oil price,wait for breakout and retest before short entry
on 4hr we are see potential continuation of the long term trend for GBPUSD, if supprt level 1.24500 is broken will conform continuation with potential of reaching our stroung support level of 1.20000
if pound counitues we long term trend to the sell side due to USD interest rate hike strength we could pontentially hit our target @1.28000
we have seen a bullish trend forming after the marekt bounced off the 0.65000 level. watch market potentially rise to 0.70 or 0.72 levels
the recent strength of AUD has now greated opportunities for a strong SELL bias if the level of resistance holds or a strong BUY if the resistance is broken
Potential short of AUDUSD to breakout of shortern range and continue with downward movement
long position as usdcad at key level with potential continuation of upward trend to level 1.29500.
Price action is showing potential breakout of CADJPY @90.300 level which is a strong support level having bounce off this level twice.
breakout @155.500 level could confirm further short-term weakness of the pound vs yen. fundamentals point to a stronger pound over medium to long term due to CPI data