I feel that GBPJPY will be reaching for the stars this week for several reasons. The price is oversold on the RSI Stochastic indicator as well as a crossover of the EMA to the upside. It looks like a bull flag could be forming. Price has continued its recent uptrend since October 2016. It seems to be respecting a trendline and may be starting another take off following a pullback in February 2018. The Great Brithish Pound is looking good for the week for a positive bullish sentiment.
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