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The Gbp/Usd also remains bearish, helped by ( what a new) a worse than expected reading in the Trade Balance. Adressing right now to 1.7531, under that first support the pair could easily continue first, to the zone around 1.7496 and finally yesterday’s minimum around 1.7467. any confirmation under that point could trigger a bearish rally to the zone around 1.7400. Resistances from actual price will be at 1.7599, pullback to the 4 hours ascendant trend line broken with this openning, followed by the zone around 1.7630/40 and finally 1.7683.
The usd/Jpy also remains bearish, yet with charts suggesting a probable upside correction in the next hours: above 107.58, the pair will find it’’s next resistance aroudn 107.87, followed by the zone between 108.00/15, seems hard for see the pair above that point today. To the downside, 107.00 is a tough congestion zone that should be broken to give the pair bearish momentum, first to the zone aroudn 106.67 and finally 106.25.