Hello Traders,
Let’s go right into our charts and see how we can consolidate on what we have made over the week.
1. GBP/USD
GBP/USD is currently resting on a minor support level (1.29254)
Though the bears have an upper hand on GBP/USD, we should also realize that a minor support level has a 30% probability to cause an upset in a trend.
Patience is required for a breakout to occur, if it does, we can then hop in and ride the trend to the next possible support level (1.27784).
2. NZD/JPY
Price on NZD/JPY has broken a minor support level (73.884)
If the close of the daily candlestick support the bear strength, then we should be seeing price go all the way down to hit the next possible support level (72.373).
Do have a pip-full day ahead
