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vlad.adrian
Apr 17, 2015 9:33 AM

GBPJPY - Daily offering perfect entry Long

British Pound/Japanese YenFXCM

Description

Two divergences on the daily chart, with a very bullish looking weekly chart makes me think that new multi year highs are probable for this pair. Actually, I think that all yen pairs are starting to look bullish and probably something will happen in the next few weeks. Note that short positions on yen, according to the CFTC, shrinked to the lowest value since the Abenomics started in November 2012.
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