GBP/JPY & EUR/JPY – Intraday Trading Levels - Forex News by FX Leaders

GBP/JPY & EUR/JPY – Intraday Trading Levels

Posted Wednesday, August 15, 2018 by
Arslan Butt • 1 min read

Fellas look like the market is going to wait for the core retail sales in the United States, however, we still have an opportunity to trade the Japanese cross. The U.S. economic events don’t really impact the Japanese crosses directly.

Refer to Fxleaders Aug 15 – Economic Events Brief for handy information on these major events. For now, you can draw these technical levels on your charts to have a better grip on the market.

EUR/JPY – Trading Levels

Support Resistance
125.83 126.77
125.54 127.06
125.07 127.53
Key Trading Level: 126.3

GBP/JPY – Trading Levels

Support Resistance
141.08 142.22
140.72 142.58
140.15 143.15
Key Trading Level: 141.65

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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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