GBPJPY / GBPCHF || Tips and tricks

Hello,

Anyone interested in sharing tips and tricks they picked up while trading GBPJPY or GBPCHF? For example, what correlated pairs do you watch for the most when you're in a trade, which country's market do you find has the most significant impact on the daily direction of GBPJPY or GBPCHF.

What routined research do you do for GBPJPY or GBPCHF prior to daytrading them for the day... etc etc

What timeframes do you keep track of, which timeframes do you like the most.

What characteristics or tendencies have they been exhibiting... etc etc

3 words, daily's and weekly's.

For those who don't already know the obvious:

GJ = USDJPY*GBPUSD

GBPCHF = USDCHF*GBPUSD

In other words, as with anything in the world - keep your eyes on the majors.
GBPCHF in particular has bizarre price action at times (solid bars going up and down) so you might find it easier to watch for top/bottom formations on the majors and play according to your guage of the probabilities.

gbp chf


On the H4 chart, a shark harmonic pattern is on sight and a negative hidden divergence has been token place simultaneously. We are expecting a drop if the supply pressure persists across the market.