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GBP/USD Holding First Support; GBP/JPY Targeting 149.60/70

Published 11/29/2017, 12:42 AM
Updated 07/09/2023, 06:31 AM
GBP/USD
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GBP/JPY
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GBP/USD And GBP/JPY Weekly Chart

GBP/USD holding first support at 1.3320/10 re-targets 1.3360/70 then 1.3400/10. On a break higher look for 1.3440/50. Failure to hold first support at 1.3320/10 risks a slide to 1.3260/50 before a buying opportunity at 1.3220/10, with stops below 1.3170.

GBP/JPY holding above 148.80/90 targets 149.60/70, perhaps as far as 150.00/05. Holding below 148.70 risks a slide to 148.15/05, perhaps as far as 147.70/60.

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