TGIF traders,
let’s see what the charts have for us this Friday.
1. GBP/JPY
GBP/JPY started a bearish run yesterday, formed a consolidation, and judging from the 2 am bearish engulfing candlestick.
We may most likely see the bears dominate the market once more and our next possible support level would be 151.476
2. GBP/CHF
GBP/CHF has hit a very important resistance level (1.27958) and the last candlestick was a bearish engulfing candlestick.
We may see price return back to support level 1.26828
What say you?
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Awesome stuff here.
Thank you Forttunee