My opinion on FX:EURGBP is bearish, we had surprising news from the ECB monetary policy statement which drove the Euro down with their stimulus package that attempts to boost the Eurozone economy, the press conference and the announcement of the ECB calling for a big fiscal stimulus as the ECB has mentioned that monetary policy would not be enough alone to help...
on GBPCAD next week I will expect bullish continuation within a rising parallel channel.
On my focus will be a supply zone around 1.64 level,
I will be looking for a short trade in this area.
Bearish breakout of a channel will be a perfect signal for us to open sell.
Target levels: 1.62 1.60
Selling continued last week
Price now approaching the confluence of Daily 200 SMA, Weekly 50 EMA, Weekly Trendline and Monthly S1 Pivot
Look for a potential bounce from this level and a move back up before the main seasonal drop in the first week of October
AudJpy is in a weekly and daily downtrend. Price has pulled back to the previous structure lows of June 2019 and could possibly continue its bearish journey.
If todays candle closes as a bearish pin bar it is quite likely to to test the 72.52 area, previous structure highs.