GBP JPY update
Those who loaded shorts since post 44 of 11th of March are in profit now (approx 300+ pips). Your TP zone should be the weekly BUY2 ZONE.
Currently trading at 203.80, some further upside available, but will trade below weekly balance point, which is 206.15 for the remainder of the week. Look to add to your NET short position on rallies. The chart is attached.
Also,
USD JPY broke through critical levels and is trading at 100.30, if further downside will open, 95 is eminent, this will signal a cancellation of reversal of EUR USD GBP USD, however let's wait and see how yen behaves at 100 and
GBP USD at 0340-0360 area, this is the last area for the reversal.
Here is a GBP USD reversal pattern
Elsewhere
EUR CAD reversal pattern here
Reversal didn't work out as expected and I lost some money trading it twice this week. It broke through the upper boarder of the final weekly resistance zone (5303-5410) and now is consolidating above 5400 levels.
Spot gold and spot silver not much activity here, currently consolidating in the tight ranges.