EUR/JPY

EUR/JPY could not lift itself above 121.50. But there is no sign of breakout below the bottom of triangle too. The pair might consolidate between the bottom of the triangle and 121.50 at the moment. Traders could look for long positions with a tight stop below the bottom of the triangle.

Support: 121.00, 120.00

Resistance: 121.50, 122.00, 123.00, 123.30

EUR/GBP

EUR/GBP continue bullish in the previous day and closed above trendline also 0.9000. There is no reason to take short positions yet in the pair. Traders could use 0.9000 as the level to place long positions with a tight stop. As long as there is no change in the Brexit situation then EUR/GBP will continue higher.

today critical levels to watch:

Support: 0.9000, 0.8920, 0.8900

Resistance: –

GBP/JPY

No bullish prospect yet for GBP/JPY. The pair closed below the bottom trendline and might resume its weakness. Currently, the bull stage a correction toward the trendline. Will a rejection happen before the end of the week? Alternatively, will the pair return inside the trendlines range and continue its consolidation?

Today Critical level to watch:

Support: 134.00

Resistance: 135.00, 136.00, 137.40

GBP/CHF

A break and close below 1.2300 happened yesterday. The pair expected to continue its bearish trend inside the channel. But the bull manages to return the price to the level near 1.2300 today. If the bull losing momentum then 1.2300 is the level to look for short positions. Wait until the close of day to determine if the bull could bring the price back above 1.2300 or not.

Today critical levels to watch:

Support: –

Resistance: 1.2300, 1.2500