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

 

Failure to beat 1.2560/70 meets first support at 1.2510/00 but below 1.2490 risks a retest of the 2019 low at 1.2445/36. A break lower is a sell signal initially targeting 1.2400/1.2390 then 1.2350/45.

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.