New day – new trading opportunities.
Good morning, traders.
Let’s dive into today’s outlook.
London Session Focus
GBPJPY
Still looking very choppy, which is unusual for GJ.
Price action remains unclear, so I’ll most likely stay out of this pair again today.
No need to force trades when the market isn’t clean.
EURJPY
Overall bullish structure still intact.
I’m looking for buy opportunities from key zones:
- Current Asia High
- Previous London High
Waiting for either a break and retest or a clean retest into the zone to consider longs.
GBPAUD & GBPNZD
Both pairs are bearish on the 4H timeframe.
Zones are similar for both:
- Asia Low
- Previous London Highunless the market accelerates
Looking for either a break and retest, or a retest into one of these zones, to consider short entries.
Patience is key.