Volume dry-up; drifting sideways around 21 EMA. Inside day candles. RS higher; moved +6% where nifty tumbled by -2%. EPS score of 91 RS rating 50 Pivot bought at 860. SL 802 Publishing for my own reference. Not an investment/trading advise.
Sell: EUR / JPY SL @ 129.850 TP @ 128.590 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Will GBP soar higher this week? Last week price closed well above 1.4000, a psychological level in the market. Should price continue to hold above this zone, a push to the upside and creation of a new higher high may be expected. If price fails to hold above this level and breaks below 1.4000, then sellers may step in for a push lower and bearish GBP.