Oct. 3 Trading Levels – Sterling Crosses In Focus – GBPJPY & GBPCHF
We don't have much on the economic calendar today, but I see some good opportunities in the cross currency pairs. We will talk about these
Arslan Butt•Tuesday, October 3, 2017•1 min read
We don't have much on the economic calendar today, but I see some good opportunities in the cross currency pairs. We will talk about these in a lot more detail in our upcoming update. But first, let's take a look at trading levels for crosses.
GBPCHF – Major Trading Levels
Support Resistance
1.2786 1.2970
1.2837 1.3001
1.2868 1.3052
Key Trading Level: 1.2919
GBPJPY – Major Trading Levels
Support Resistance
149.30 150.58
148.89 150.98
148.25 151.62
Key Trading Level: 149.25
Lastly, I would recommend reading our FX Leaders support and resistance strategy to utilize these levels at it's fullest. Good luck.
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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