GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. 1H indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum. The target is expected at 1,9750 (140 pips).
GBP JPY is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should find a resistance below 205,00. The consolidation should continue.
GBPJPY
SHORT position at 203.78
STOP LOSS above 204.78 (-100 pips).
THE TARGETS are 203.00 / 202.68 / 202.28
OP, SL & TP at your own risks.
Non Farm Payroll
Consensus Estimate 50K to 70K Loss in Payroll Jobs
GBPJPY
SHORT position at 204.00
STOP LOSS above 205.00 (-100 pips).
THE TARGETS are 203.56 / 203.20
OP, SL & TP at your own risks
GBPJPY
LONG position at 203.50
STOP LOSS below 202.00 (-150 pips).
THE TARGETS are 204.33 / 204.64 / 205.18
SHORT position at 202.76
STOP LOSS above 203.76 (-100 pips).
THE TARGETS are 202.46 / 201.76
OP, SL & TP at your own risks
DISCLAIMER
By using this website, the reader agrees not to hold the Webmater ofNewForexTradingSystem , or any of its affiliates, liable for decisions that are based on information contained or implied in this blog. The reader agrees not to hold the Webmaster of NewForexTradingSystem, or any of its affiliates, liable for products or services that are bought based on the recommendations found on this website, or for any partnerships or other dealings that may originate on the forum, private messaging, or any other source. The Webmaster may, from time to time, host 3rd party services on the newforextradingsystem.blogspot.com website ("hosted services"). This is by no means a recommendation to use these services, and visitors agree not to hold the Webmaster, or any of its affiliates, liable for losses that may occur due to the use of such hosted services. The Webmaster of NewForexTradingSystem highly recommends that before making a decision, thNewForexTradingSysteme reader collects several opinions related to the decision and verifies facts from several other independent sources. Forex Trading is a risky business and you should therefore never make a decision based solely on the information found on this or any website.
