Overall, GBP/USD is ranging across. Recently, GBP/USD weakened after the release of the hawkish Federal Reserve meeting minutes. The UK CPI y/y data (Actual: 2.0%, Forecast: 2.3%, Previous: 2.5%) released yesterday indicated a slowdown in annual inflation but still in line with the Bank of England’s target. GBP/USD’s next support zone is at 1.36000 and the next...
Overall, USD/JPY is trending upwards. Recently, USD/JPY strengthened and broke above the key level of 110 after the hawkish tone sent out by the U.S. Federal Reserve. Currently, USD/JPY is testing the resistance zone of 110.800 and the next support zone is at 108.500. Look for buying opportunities of USD/JPY if it breaks the resistance zone of 110.800.
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USD /JPY . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS...
This is a trade idea and for educational purposes only. trade at your own risk