Further crisis between the US and Mexico will lead the Mexican peso to deprecate against the USD.
As can be seen from the chart the beautiful triangle forming here is a continuation pattern to higher prices above 22.05.
Technical analysis shows that an upcoming crysis is coming to the GBP with investors fleeing to safe heaven assets such as JPY. A nice channel is forming in GBPJPY as a continuation pattern from the previous downtrend.
The GBP is probably under pressure due to the resignation of Theresa May. and the uncertainly from brexit. The JPY is set to get stronger due to...