AUDUSD
After another lows you can only look for signals for shorts. This pair is a great example why you should play with trend. Looking at the chart since May, almost every long position would be a failure, and most of the shorts was a profit. This is why following trend is so important.
Next possibilisty to go short would be re-test from below yesterday’s support and now resistance. If there will be no opportunity to open position today, it is worth to hold your horses because there will be NFP reading from USA and it is always moving the market.
GBPJPY
This pair is clearly going down. Currently there is re-test from bottom of old support (which now is not perfect because of long wicks) and you can go short. It is worth to observe both daily and 4H chart to look for the short.
GBPUSD
About this signal I wrote in yesterday’s Price Action Setups
There is active sell limit order on 50% retracement of signal candle, which caused rebound from Inside Bar setup. If this position won’t be open soon, I will remove it before tomorrow’s data.
If you are interested in Price Action Description, you can read it here.
