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GBP approaching critical level (Chart Talk 04-09-13) 

Last Updated: May 14, 2022

By Rayner Teo

GBP is approaching critical levels and we could look for potential opportunities to short.

The GBP Chart

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Usdcad is approaching the key 1.0600 level. This week NFP would likely test that level and give us clues to where it may head in the following weeks.

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Notice any historical significance on the Eurusd weekly chart?

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Usdjpy trade was executed which was mentioned on my Forex Analysis. Those looking to long now will pay slightly higher prices or you could wait for a pullback to get long.

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