The price did try to break through the trend channel I have told you on the EURUSD and GBPUSD but is not successful. However the breakout of the trend channel is successful and has moved by 100 pips now and I hope that you guys have made a good profits from it.
For the fakeout breakout on the EURUSD and GBPUSD, you can make profit as well based on the fakeout technique I teach you in my blog post before. For members of my forex video signal, I have also tell you how to trade if the price breaks through the trend channel and then comes back. Therefore I believe you guys must have made some profits from the failed breakout as well.
In today post, I am going to update you guys how to trade the 3 pairs for the coming week
EURUSD Analysis
I have shifted the resistance of the trend channel to 1.22655. For this week, we will continue to wait for the price to break the trend channel to ride the trend. You can also trade the range if the price fail to break the trend channel successfully.

For members of my forex video signal, I have uploaded a video to show you how to trade the range and also where to set your stop loss and target profits.
GBPUSD Analysis
For the GBPUSD, there is one failed breakout on the support of the trend channel and I have shifted the support to 1.40908. For this pair, what we should do is to wait for the price to break the channel again to enter the trade. You can also trade the range if the price fail to break the trend channel successfully.

For members of my forex video signal, I have uploaded a video to show you how to trade the range and also where to set your stop loss and target profits.
GBPJPY Analysis
As the price has already moved by 100 pips, so we will wait for it to finish the consolidation before deciding which direction to go with.

For those of you who are interested to join my forex trade copier where I will trade your account for you or join my forex video signal service where I will send you video signal to tell you where to enter the trade, where to set the stop loss and target profit
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