Dear Traders ,
Good morning with respect to the market overview, we pose to update on our running trade on GBPUSD and also present to you a new setup on USDJPY.
Our bias and view on GBPUSD is still bullish with intraday support residing at 1.3010 are. If mrk drift to this price we will be adding to our long position in line with our prior discussion on the pair.
Meanwhile the overall view on USDJPY is bullish but we look to take an intraday run with the profit taking on the pair to 109.50 area with CMP @ 109.97.
In line with the intraday, we have a technical resistance at 110.05/10 zone, a push to this area should give us our entry for sell.