GBP/USD Tops At 1.3990/95; GBP/JPY Hitting All Targets
Jason Sen | Mar 14, 2018 06:25AM ET
GBP/USD topped at the next target of 1.3990/95. A break above 1.4000 targets 1.4025/35 before the 2 week high at 1.4065/69. First support at 1.3935/30 but below here targets 1.3890 and support at 1.3855/45.
GBP/JPY higher as predicted hitting all targets as far as strong resistance at 149.40/45. A break higher targets 150.00/05 then 150.70/80.
We bottomed exactly at the 148.55/60 level on the pull back but below here meets better support at 148.35/30. On further losses look for a buying opportunity at 147.75/65, with stops below 147.40.
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