This analysis outlines a potential short trading opportunity for the GBP/USD pair based on current fundamental, technical, and sentiment factors. The pair has been on a downward trend, with a further drop anticipated if certain psychological levels are breached. Technical indicators align with a bearish outlook, encountering significant resistance levels. The...
Short trading setup for the EUR/JPY pair, driven by the ECB's cautious policy stance and bearish market sentiment towards the pair. The technical analysis highlights minor support at 158.00 and additional support at 157.00, providing a basis for the trade setup. Entry position at 158.50, with Take Profit levels set at 157.00 and 153.91, and a Stop Loss at 159.50....