Vasyl's Blog
GBP/USD up to 1.54
GBP/USD is bound to retest the 1.54 level after a nice fall hours ago. I am not sure about the exact drawdown - which might be big, but in my view the retest 1.54 is very highly likely and I am long GBP/USD as of the time of this post.
GBP/USD downwards
GBP/USD is very highly likely to touch 1.54 within 2 days. Red line is the selling leve. Blue line is the next possible buying level at 1.54
Fall of the USD/JPY
Strong resistance at 1119.40 level will lead to the retest of the long-term buying level at 118.50 despite the recent BOJ news on continuation of the quantitative easing program: