Tricky Friday presents us with GBP/USD & EUR/JPY

Hello traders,

it’s another tricky Friday upon us. let’s see what the market has for us:

 

 

1. GBP/USD

On the GBP/USD there is a breakout through a key resistance level (1.38190).

Waiting for the close of the 6 pm candlestick close is important. If it further promotes our bullish bias, then price next bus stop will most likely be 1.38712

 

 

2. EUR/JPY

For close to two months resistance level 130.447 has stood strong. A decent breakout on the 4 hour time frame of the EUR/JPY looks quite inviting. The close of the 6 pm candlestick will further authenticate our bullish bias.

If our bullish bias still holds, then our next possible resistance level would be 130.886

 

What say you?

For those who are interested in joining our FREE trading group on Telegram, where trade ideas and trade-related topics are discussed, which could assist your trading career while being infected by positive vibes

hit us on Pip Crafters

Related Posts

2 thoughts on “Tricky Friday presents us with GBP/USD & EUR/JPY

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)