We are looking for these two pairs to reverse back up based on GBP strength.
GBP/JPY – look for a buy signal on this pair in the main session, it has potential back up to the 175.25 area resistance on the H4/D1 time frame.
GBP/USD – this pair is in a long term uptrend, you can set a buy alarm at 1.7000 (estimate), we expect it to move back up to the 1.7170 resistance and possibly continue higher.
When the price alarms hit verify any buy entries in the main session with The Forex Heatmap® and look for GBP Strength or cross currency weakness or both upon entry.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans and Live
Entry Signals For 28 Currency Pairs
$19.95 per month
Click on Image to expand the Example of GBP strength using The Forex Heatmap®
GBP/JPY – look for a buy signal on this pair in the main session, it has potential back up to the 175.25 area resistance on the H4/D1 time frame.
GBP/USD – this pair is in a long term uptrend, you can set a buy alarm at 1.7000 (estimate), we expect it to move back up to the 1.7170 resistance and possibly continue higher.
When the price alarms hit verify any buy entries in the main session with The Forex Heatmap® and look for GBP Strength or cross currency weakness or both upon entry.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans and Live
Entry Signals For 28 Currency Pairs
$19.95 per month
Click on Image to expand the Example of GBP strength using The Forex Heatmap®
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