Oct. 3 Trading Levels - Sterling Crosses In Focus - GBPJPY & GBPCHF - Forex News by FX Leaders

Oct. 3 Trading Levels – Sterling Crosses In Focus – GBPJPY & GBPCHF

Posted Tuesday, October 3, 2017 by
Arslan Butt • 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

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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