GBPUSD (18July-22July) Outlook

Weekly
Closed the week ,giving up half of the weekly gains on Friday failing to break Post-Brexit resistance @1.348xx [Range1 Upper Band].
 
Daily
Friday close below 1.3200 [Range1 Lower Band] signals weakness in Bulls.
Price may dive all the way to 1.303x or even to 1.290x.

My trading plan
Look for long only above Range1 Upper Band is broken
EP-    1.3500
TP-    1.3850-1.3900 Zone
SL-    <1 .32="" font="">

GBPNZD (18July-22July) Outlook

Weekly
Closed the week with weaker bullish engulfing bar than GBPJPY signaling a trend change to bull bias. Confirm with next week candle.

Daily
Friday close formed a pinbar (very bearish) with highest volume for the week which i guess a profit taking event coupled with rate cut possibility from BOE.
Looking at the volume and situation last friday, we could expect it will retrace to Zone1[1.825-1.835] or even further to Zone2[1.795 to 1.805] next week (before 21July/ RBNZ).

My trading plan
Look for bull signal during the above-mentioned retracement.
EP-    1.825-1.835 and 1.795 to 1.805
TP-    1.885-1.930 Zone
SL-    <1 .768="" font="">

USDJPY (18July - 22July) Outlook

Weekly
Closed the week with bullish engulfing bar signaling a trend change to bull bias.
Confirm with next week candle.

Daily
Friday close formed a pinbar with highest volume for the week which i guess a profit taking event.
Looking at the volume and situation (monitoring Abenomics rumors/news) last friday, we could expect it will retest 104.xx-103.xx zone next week.

My trading plan
Look for bull signal during the above-mentioned retracement.
EP-    103.xx-104.xx
TP-    107.xx-108.xx
SL-    <102 .xx="" font="">

USDJPY (18July - 22July) Outlook

Weekly
Closed the week with bullish engulfing bar signaling a trend change to bull bias.
Confirm with next week candle.

Daily
Friday close formed a pinbar with highest volume for the week which i guess a profit taking event.
Looking at the volume and situation (monitoring Abenomics rumors/news) last friday, we could expect it will retest 104.xx-103.xx zone next week.

My trading plan
Look for bull signal during the above-mentioned retracement.
EP-    103.xx-104.xx
TP-    107.xx-108.xx
SL-    <102 .xx="" font="">