CAD/JPY reversed off its resistance at 85.45 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at (50% Fibonacci retracement). Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop is expected. A bearish divergence has also been identified that contributes to our bearish bias. CAD/JPY reversed off its resistance where we expect to see a further drop. Sell below 85...

GBP/USD reversed off its resistance at 1.3077(61.8% Fibonacci extension, 61.8%, 50%, 23.6% & 76.4% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 1.2931 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) reversed off its resistance at 96% where a corresponding drop is expected. GBP/USD reversed off its resistance where we expect to see a further drop. Sell below 1.

GBP/USD is testing its resistance at 1.3033 (100% & 61.8% Fibonacci extension, 50% & 23.6% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 1.2924 (50% Fibonacci retracement, horizontal swing low support) is expected. Stochastic (89, 5, 3) has reversed off near its resistance at 98% where a corresponding drop is expected. GBP/USD is testing its resistance where we expect to see a reversal. Sell below...