GBP/USD and USD/JPY News and Analysis

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GBP/USD and USD/JPY News and Analysis

GBP/USD Intraday: rebound.

Pivot: 1.5365

Most Likely Scenario: Long positions above 1.5365 with targets @ 1.548 & 1.55 in extension.

Alternative scenario: Below 1.5365 look for further downside with 1.531 & 1.527 as targets.

Comment: The RSI is well directed.

GBP/USD Chart

USD/JPY Intraday: the upside prevails.

Pivot: 118.9

Most Likely Scenario: Long positions above 118.9 with targets @ 119.5 & 119.9 in extension.

Alternative scenario: Below 118.9 look for further downside with 118.6 & 118.25 as targets.

Comment: The pair is rebounding above its support.

USD/JPY Chart

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