TGIF Traders,
Apologies for my late analysis, I got caught up in some other stuff.
Let’s hit the charts ladies and gents
1. GBP/JPY
GBP/JPY has had a bearish move for 3 consecutive days now. Today making it the 4th day, we can see that some key support levels were smashed between yesterday and today.
The second support level broken may be all the confirmation we need to join the sellers and ride the market till the next possible support level (148.700)
2. GBP/AUD
On the GBP/AUD, we have an ascending trendline broken.
Price next possible stop may be around the 1.78693 support level region
What say you?
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