GBP Futures (6B, June)
High Impact news all day today so we may see some manipulation, manage risk accordingly.
AM TPO - Bias remains bearish for today, the question is from what level will be find sellers. Well we have 2 options, the first being the green box and high vol node just spiking through the value area before rejecting and the second option is the AM naked POC if we pop up on London open.
Daily TPO - Resting right on the VAH from yesterday and top of Asian range, I would watch for a spike through the Value area upon London open for short oppertunties.
GBPUSD 15min candlestick - We are cautious of a spike through the high
EURO Futures (6E, June)
We are now at London open and similarly have 2 options for short positions. Firstly the green zone highlighted which is a previous single print area, alternatively we will spike higher into the naked POC before continuing lower.
Daily TPO - we also have strong resistance on the Daily TPO which would provide bears the opportunity to enter the market. If we break through all these levels, then we should await further confirmation for shorts (perhaps into the NY session).
EURUSD Candlestick - For the time being, its a case of how high we can go before sellers enter. SO far this morning the market is pushing on through our first area of interest.
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