GBPUSD/GBPJPY Recap & Daily Forecast with Chart from Jason Sen – Day Trade Ideas


GBPJPY reversed from just below the most important resistance of the week – the 500 week moving average at 148.80/90 & collapsed to good support at 146.80/70. We bottomed exactly here & a bounce is possible to 147.45/55.

Financial Markets and Political Commentary


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JASON SEN Began to study technical analysis in 2006 and established Daytradeideas, the leading provider of daily technical analysis to independent & professional traders within the investment bank community for Stock Index, Energy & Fixed Income products, advising dozens of traders at up to 15 major investment banks and hedge funds on market movement, throughout each trading day on The Bloomberg Professional® service with trade ideas – entry, exit and target levels in daily reports published before the Futures markets open in Europe.