GBPJPY is in the upward trending channel, coming off a HL & a inverted head and shoulders pattern, I expect to see a bullish run after a pullback into previous broken S turned R. Investor fears over the Trump's health are easing while health officials expect to discharge the President from Walter Reed as early as today. Also, optimism over a fresh US fiscal...
Today is one of those days gbp is going to test your patience. I say that because in the beginning of the NY session we see a lot of rapid moves and reversals from the 2 levels i have marked on my chart. Lets dive in a bit:
So first off, we are going to establish the commanding trend right now and believe it or not, that trend is upwards transitioning to...
