Happy Valentine’s Day Traders.
How is the weekend going, and what are your plans for valentine’s day?
Starting mine by celebrating Usman Kamaru’s fight against Gilbert Burns. That fight was explosive.
Congrats to the champ!
Let’s see what the week has got for us.
1. GBP/USD
Last week we saw GBP/USD bounce off the ascending trendline, which may signify the continuation of a bullish trend if resistance level 1.38594 is broken.
This week we may see price make a new high (1.40940) if 1.38594 is broken.
The last time this resistance level was broken was around January 2018, so watch out
2. GBP/JPY
GBP/JPY crossed the 144.703 resistance level last week, showing that the bulls may be motivated this week to make a new high (147.908) which was last seen over a year ago
3. GBP/CHF
GBP/CHF maybe another pair warming up for a bullish run this week.
Price will first have to beat the 1.23686 resistance level before a possible move to 1.25569 this week.
What say you?
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