EUR/JPY

EUR/JPY is consolidating above the 175.00 level, with the top around 176.50. The pair has confirmed the bullish situation by breaking above 175.374. It is up to the bull now to maintain the level or turn lower to find a stronger support level. On the lower level, the gap close level and the trend line will become the supports to watch.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP has no conclusion yet as it trading near the trend line and 0.8700. The pair consolidation is ongoing and traders will wait for breakout from the triangle pattern. When there is breakout and close outside the range, traders will get confirmation on the next direction. If the pair breakout lower, then the 0.8580 – 0.8600 area will become the support area to watch.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8530, 0.8500

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY maintain its position above the previously broken swing high. The pair looks making bullish attempt but could not extend the upward movement. If the pair pushed lower again, then it might target the 200.00 for retest. Traders will focus on the 200.00 level and the price gap. If the price visits the area and produces strong bullish reactions, traders could enter long positions.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF looks to breakout below the 1.066 level today. It is an initial bearish situation but no strong momentum seen. If the pair could maintain the bearish pressure and push the pair further lower before daily close, then we will see bearish continuation tomorrow. On the other hand, if the pair moving slowly, then the consolidation near 1.066 might continue.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200