that Numbers will provide some FUEL.
at this moment 21 still as support,
and Daily SUport #1 will provide some demand area.
KEY: 156.00$ Previous Low can be broked down
tp2: 152 .50
My Humble and novice view is based in technical analisys, and the possible formation of a BIG pattern in 240 MIN chart
and in 1h chart another small ( chart #2 )
The data releases will be worst than expected and provide that impact.
$GBPJPY still FIGHTING! the pair was in range all previous days of week, trading inside the $158.00(TP forecast to the Bull wedge Hit it and rejected by the Bears PRESSURE) and $156.50 aprox,$gbpjpy expose a very slow and bored but predecible movements inside this #RANGE Ending this week the MAJOR PAIRS ARE showing the True direction . and it look Bearish
Remember am just a novice, my charts ar not a EXACTLY FORECAST of the future market movements, just expose an Hypothesis and the possible scenarios to trade and were take future trades.
your comment, criticism, and colaboration are welcome, and if you make some profit feel free of share some donative with me, or a job oportunity.
Thanks for your attention,
RISK WARNING ALERT
Identify the Risks
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
cheers, love and peace