GBPUSD (1.4499)

GBPUSD took good rise towards 1.4600 level and traders will now look to buy GBPUSD on dips for retracements. The first entry level can be seen around 1.4360 and if GBPUSD takes more dip, then it can be further averaged out by buying again around 1.4130 level. It seems that GBPUSD is looking to touch 1.4650 level

Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4360
Trade 2: Buy GBPUSD @ 1.4130
Profit Target 1: 1.4560
Profit Target 2: 1.4660

GBPUSD (1.4297)

GBPUSD took good rise above 1.4300 level and traders will now look to buy GBPUSD on dips for retracements. The first entry level can be seen around 1.4230 and if GBPUSD takes more dip, then it can be further averaged out by buying again around 1.4040

Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4230
Trade 2: Buy GBPUSD @ 1.4040
Profit Target 1: 1.4375
Profit Target 2: 1.4450

EURUSD (1.2929)

EURUSD is looking to target 1.3050 at the moment and traders will look to
buy EURUSD on dips below 1.2900 level. Initial target seems around 1.3000
level and from there we might see long term traders looking to sell
EURUSD.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2865
Profit Target 1: 1.2995
Profit Target 2: 1.3040

EURUSD (1.2929)

EURUSD is looking to target 1.3050 at the moment and traders will look to buy EURUSD on dips below 1.2900 level. Initial target seems around 1.3000 level and from there we might see long term traders looking to sell EURUSD.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2865
Profit Target 1: 1.2995
Profit Target 2: 1.3040

EURUSD (1.2544)

EURUSD is moving nicely in its downward trend and seems to continue in next week as well. But before that an upward retracement is expected and agressive traders will look to buy EURUSD around 1.2500 level to capture that move. Other traders might just sit back and wait it to complete its retracement.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2510
Stop: 1.2460
Profit Target 1: 1.2610
Profit Target 2: 1.2720