EagleTrades
Long

Bullish Outlook Favored

FX:GBPJPY   British Pound / Japanese Yen
360 3 5
The pair made a significant bullish breakout above different resistance levels. 181.00 resistance level and the descending resistance and 50 day simple moving average . We might get a downside pullback before heading higher again.
no data to release till friday , may elections . it will be a risky pair to trade this week . maybe will see a sideways before another run
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I agree first a dive before flying up, daily we have a bearish divergence setting up also.
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Last night I closed my eurnzd long. I agree, broad Euro and Pound reversal setting up.
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