On the GBPJPY we are waiting patiently for price action to confirm the downside momentum as we await the UK open.
So far so good we are just waiting for a new low at 133.4.
looking short on the GBPAUD as we are coming out of a daily/ weekly supply zone in the direction of trend. We do have some fresh resistance here on the daily and lower timeframes but I think it will break as the trend continues and we retest the weekly demand zone @ 1.6850
I'm looking at the downtrend to continue as PA is confirming down off a daily supply ( resistance zone). could also be a nice place to form a trendline area in the future.https://www.tradingview.com/x/zv7pHFeh/
