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Good morning Traders, with respect to our last review on EURGBP and GBPCHF, we like to update you.

EURGBP:

This pair made a bounce as suggested for a target to 0.9540 area , therefore we look for a low risk intraday long entry  around CMP with invalidation at 0.9165

GBPCHF:

In correlation to the above view, this pair is expected to dip to new low towards 1.1125 zone, therefore a low risk short entry intraday with invalidation @ 1.1550 is recommended.

USDJPY:

In line with our last view recommending a sell on JPY, we like to update you that the drop in JPY strength just started and we also want to state that going by the release of PMI  from Japan , a dip in report from 47 in February to 35.8 in march is worrisome and suggest a huge shrink in the manufacturing unit of the nation. This corroborates the basis for adding to our long view on USDJPY… therefore  a low risk buy entry is recommended intraday as well.

Please feel free to join our TELEGRAM handle  https://t.me/PrecisionGlobal

We also like to advocate a “stay safe and stay strong” policy in this period of global COVID-19 era… This too  shall pass away.

Thanks

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