Sovereign trading analysis

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Gbp/jpy 1h chart. Price looks nicely lined up for a long here, best entry will be a pullback to trendline and then long back into the top of the broken range, if we don’t get a pullback we will wait for price to break up and retest.

Eur/usd 4h chart. We have finally got the break out with this pair after weeks of trying. Now there are still strong resistance levels for this to break for more upside, so we are looking for any retest of around 1.13000 level to go long or if we push up to 1.14300 level we could reject down from there to form structure. Any break back below daily trendline and 1.13000 and then we will re-evaluate entries.

Eur/jpy 4h chart. Now we gave a buy signal on the pair on Friday which hit Tp at 122.000 strong resistance, we should see some form of pullback from this zone and then carry on up to the gap that still hasn’t been filled.

Eur/aud 4h chart. Now this will normally move inline with GA so once again waiting for a pullback into broken zone after we finally got a huge weekly close above major resistance zone, I will be shorting this pair once the flash crash wick as been filled.