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tahir989
Mar 6, 2018 8:05 AM

GBPUSD & GBPJPY ... Short term view.... GBPUSD looks like hitti Short

British Pound/U.S. DollarFXCM

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GBPUSD & GBPJPY ... Short term view....

GBPUSD looks like hitting and possibly done a retrace off the Friday's lows and have tested a decent resistance. A fall back towards 377X looks likely. A break below the later would yield more losses on the pair.
Alternatively a clean break above 3880 brings the focus back towards rallies close to 1.4000 lvl.
GBPJPY like the GBPUSD has also tested a resistance on the retrace and considering GBPUSD can pull lower; would expect a move lower towards sub 146 as well..

i.imgur.com/vn9LfWP.png
GBPUSD 4hr -

i.imgur.com/tR6oFJV.png
GBPJPY 4 hr
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