08.04.20 London. Usd Short , Long Gbp
Usd/Jpy price is around 106.00 range. Broke Monthly Level and finally came back to revisit that level. Previous Daily closed as rejection. Forecast is Usd weakness & yen strength. Rejection of 71% Fib Level. EMA 20 resistance on a Daily Time Frame. Closed below 20 EMA on a lower time frame. Counter trendline 1 hr? Us News at 5:15 am PST Non-farm Payroll. News 7 & 7:30 Am PST.
GbpUsd - Bullish momentum. Broke thru monthly Level . Came back to revisit. Looking at GBP strength since US is weak against yen. Looking to buy. Structure is retesting broken key level. Daily closed doji. indecision. Waiting to break structure on a lower time frame. waiting for counter trend line to break 1hr. Daily EMA cross-over. Holding above 20 EMA as resistance. Will revisit pair . I have some alerts on price.
GbpUsd - Bullish momentum. Broke thru monthly Level . Came back to revisit. Looking at GBP strength since US is weak against yen. Looking to buy. Structure is retesting broken key level. Daily closed doji. indecision. Waiting to break structure on a lower time frame. waiting for counter trend line to break 1hr. Daily EMA cross-over. Holding above 20 EMA as resistance. Will revisit pair . I have some alerts on price.
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