Hello again everyone!

Today the EW picture was rather unclear, therefore we focused on mid-term setups awaiting better opportunities.

GBPUSD and GBPJPY benefited from a good fundamental support and rallied, GBP remains supported short-term with possibility of retracement at the end of NY session. We took a short based on EW, short-term trade: SELL@1.9586, stop@1.9630, target 1.9523.

Yen-based pairs are apparently continuing the short-term retracement up, we are looking for confirmations to buy USDJPY and GBPJPY during the next sessions.

Happy trading everybody!