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

 

A high for the day is likely but shorts need stops above 1.2640.
Failure to beat 1.2560/70 targets 1.2495/1.2485. Below 1.2475 look for 1.2435 before a retest of 1.2400/1.2390.

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.