Welcome to the night trip 🙂
GBP / USD drops stopped. He did not show a clear buy signal, but declines to stop this position (100% often occurring within the correction) gives some hope. Tomorrow at 10:30 we will read the service PMI in the UK. Expected reading is better than the last, if these expectations are met, the Pound after such a large sell-off should be strongly strengthened.
EUR / GBP – Also in anticipation of better data for the pound is worth a look at this pair, as the course came to an important resistance. At the H4 chart we can see that there can be designated as a zone SD, after which they can be strong declines. The initial reaction of the supply is already visible.
EUR / JPY – Price is at resistance area, and the trend is downward. The Friday candle is a pin bar, which promises declines. It seems that they are possible in the face of further weakening of the Euro. Active happens in the long-term uptrend lines, although I believe that declines are likely.
