Markets remain tricky as both euro and cable are vulnerable to squeezes here > as I said yesterday, traders need to stay nimble and conservative traders might want to stand aside:
- EURUSD > focus on 1,3560s
- GBPUSD > focus on 1,5110s
- USDJPY > swing longs still targeting 93s then 95s > buying on dips
I would be very cautious and selective on trades and remember that there is nothing wrong with not being in the market > Stay safe 😉