Trade Ideas are short term (mostly intraday) forex strategies realesed daily by UBS analytics. In todays release we can get to know with their ideas for such currency pairs like EUR/USD, USD/JPY and GBP/USD.
EUR/USD
Pair is trading wide range since Wednesday, with buyers lined up above 1.0900 and sellers near 1.1040. Best idea for today will be playing this range between the first support at 1.0920 and the first resistance at 1.1045. Next supports at 1.0890 and 1.0845. Todays US data shouldn’t be a huge movemaker. 
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GBP/USD
Yesterdays BoE decision didn’t make any dramatical change on main pair with GBP. GBP/USD still stays rangebound with resistance at 1.5190/1.5200 and support near Wednesdays low at 1.5120/10. This situation should remain until next week FOMC comes up. 
USD/JPY
Market is getting more and more calm, but this doesn’t change the chart situation. USD/JPY is still pretty good pair to sell, until it’s below 122.30. Next key support zone at last low level – 121.00/10. 
