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GBPUSD _ GBPJPY
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GBPUSD _ GBPJPY Technical Analysis

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Daily technical analysis based trade tips and ideas for forex GBPUSD & GBPJPY. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.



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GBPUSD _ GBPJPY - spot
GBPUSD crashed from 1.2560/70 this week breaking the 2019 low at 1.2445/36. A break lower is a sell signal with the next downside target of 1.2400/1.2390 hit as I write.

GBPJPY broke the July low at 135.15/05 for a sell signal targeting 134.70, 134.55 & 134.15/05. All targets now hit.
Today's Analysis
17 July 2019 Updated at 00:58am GMT
GBPUSD hit 1.2400/1.2390 & below here targets 1.2350/45, perhaps as far as 1.2310/00.
Gains are likely to be limited with bears in control. Minor resistance at 1.2435/45 & 1.2485/95.

GBPJPY gains are likely to be limited with bears in control. Minor resistance at 134.50/55 & 134.95/99. A break above 135.15 meets a selling opportunity at 135.70/80, with stops above 136.00.
A break below 133.95 targets 133.50/45 & 133.00/132.90.
Chart
Technical Analysis GBPUSD _ GBPJPY
SEEN ENOUGH?