USD/JPY: Take Your Profits
USD/JPY declined further during yesterday’s trading, reaching as low as 109.36, while our short signal from 110.20 is still active and is giving us over 80 pips.
GBP/USD may go for resistance
Information is not investment advice
The 200-period MA just above 1.3650 supported GBP/USD. The pair formed a higher low on the H1. As a result, it has the scope to retest the previous resistance at 1.3750 if it manages to break above 1.3700 (50-period MA on the H4).
Trade idea for GBP/USD
BUY 1.3710; TP1 1.3720; TP2 1.3736; SL 1.3695
Elizabeth Belugina
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