Current oppurtunity to go long on CADJPY with a tight stop loss. It has entered a buy area and looks exhausted on the H4 time frame with price action suggesting a bullish retracement.
GBP has been sold off heavily recently and now that GBPUSD has broken below a support level and out of a range, there is a lot of gap down now for this pair with targets to 1.26 or 1.2650.
GBPAUD seems to be bouncing off a weekly trendline and a support level which could potentially send this pair up towards the upper targets. Positive data from the UK report today (16/08/17) has potential to close in more buyers causing GBP to go up, however we must watch the AUD news release tonight at 02:30am London time (17/08/17) Visit our site for...