Pairs on Watch -

GBPJPY : Potentially the 1H risk entry has already gone at 5am UK this morning, so what I am looking for now is a 15M continuation underneath the low of the structure almost acting as a hover to the main structure. Price could come back up to fill the small gaps, however with this being an impulsive leg now, I see this as less likely.

GBPUSD : With the sentiment of the DXY being bullish I am looking for this pair to build its next continuation for a short. Either a developed 1H structure we can filter to the 15M for a risk entry, or price forms the internal channel into the hook-point where we can look for a risk entry earlier. Manage this position into the base incase price forms something larger and if not then we are in a great short position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.