Juli 31, 2025

Daily Outlook London Session– 31st July 2025

Low-probability setups across GBPJPY, EURJPY & GBPNZD. Waiting for structural breaks before engaging. NY session update follows later today.

Let me be totally honest with you — the London session doesn’t look very promising so far.
Not many clean opportunities are setting up right now.

• Ideally, we’d see a break below the Asia Low, then look for sell opportunities
• But we’re currently around 60 pips away, so that scenario seems unlikely for now
• I’m also not interested in buys unless we break the previous London session high, which is about 80 pips away

• Ideal setup would be a break below the Asia Low → look for shorts
• However, if we break above the Asia High, we could consider long positions
• I’ll stay flexible and let price action decide

• Watching for a break below the second-last Asia Low
• That would give us a clean BOS and open the door for short setups
• But I’ll wait to see how the market reacts before committing