It has been quite a while now with no clear indication of where the market is going next.
Brexit this, brexit that is all we hear these days but when will these sounds turn into music we can all dance to?
The pound is under significant pressure to finalize the brexit deal. If the deal goes sour, GJ will be a very good pair to watch and trade as the yen has been one of the strongest currencies against the pound and will hopefully move a lot more than the others in this scenario.
Weekly: bearish engulfing candle
H4: SMAs have been flat for some time but now the 25 has finally crossed the 100 SMA with candle closing below both
If our consolidation is broken bearishly, the market will have a lot of room to cover downwards. Sit and ride.
(bullish brexit deal, watch GBPCAD for buys)
Brexit this, brexit that is all we hear these days but when will these sounds turn into music we can all dance to?
The pound is under significant pressure to finalize the brexit deal. If the deal goes sour, GJ will be a very good pair to watch and trade as the yen has been one of the strongest currencies against the pound and will hopefully move a lot more than the others in this scenario.
Weekly: bearish engulfing candle
H4: SMAs have been flat for some time but now the 25 has finally crossed the 100 SMA with candle closing below both
If our consolidation is broken bearishly, the market will have a lot of room to cover downwards. Sit and ride.
(bullish brexit deal, watch GBPCAD for buys)
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