“Let the trade come to you. Patience pays more than impulse.”
Good morning, traders.
Yesterday was a phenomenal trading day – let’s see what the market gives us today..
London Session Focus
GBPJPY (GJ)
Still bearish.
• Looking for a break and retest of the Asia Low for potential sell setups
• Alternatively, a retest of the Asia High could also offer a short opportunity
• Buys only if we break above yesterday’s London High with a proper BOS and retest
EURJPY (EJ)
Also bearish, but sitting in a strong support zone.
• We need a clean break of this level to open up further downside
• If price holds, we remain cautious and wait
GBPAUD (GA)
Bullish bias remains intact
• Waiting for a break and retest of the Asia High to look for buys
• If price breaks below the Asia Low, we can consider shorts on the retest
GBPNZD
Also bullish
• Looking to buy from the Asia High, or
• From a strong zone formed by the previous London Highs
