GBP/USD hit 1.2400/1.2390 & below here targets 1.2350/45

Jason Sen DayTradeIdeas.co.uk

GBPUSD _ GBPJPY spot

GBPUSD hit 1.2400/1.2390 & below here targets 1.2350/45, perhaps as far as 1.2310/00.
Gains are likely to be limited with bears in control. Minor resistance at 1.2435/45 & 1.2485/95.

GBPJPY gains are likely to be limited with bears in control. Minor resistance at 134.50/55 & 134.95/99. A break above 135.15 meets a selling opportunity at 135.70/80, with stops above 136.00.
A break below 133.95 targets 133.50/45 & 133.00/132.90.

Author

Jason Sen

DayTradeIdeas.co.uk

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