Pair: GBPJPY
Bias: Long
Technical analysis: Price has rejected the Major Half Point 145.000 and made a strong move to the upside during the Asia and London sessions. Price is still trading above the 50 and 200 emas on the daily. Be aware of the top of the triangle that has formed on the daily.
Fundamental analysis: Not a lot of fundamentals going on this week. UK parliament is back in session today, but Brexit hasn't made it to the news as in previous weeks.
Bias: Long
Technical analysis: Price has rejected the Major Half Point 145.000 and made a strong move to the upside during the Asia and London sessions. Price is still trading above the 50 and 200 emas on the daily. Be aware of the top of the triangle that has formed on the daily.
Fundamental analysis: Not a lot of fundamentals going on this week. UK parliament is back in session today, but Brexit hasn't made it to the news as in previous weeks.