I believe a double top will be formed from Sun - Tue and we will continue going down towards the white trend line
I have a bias on GJ going short, however based on this chart its not clear which direction it will go, however both buy and sell support and resistance are drawn so we will ride the trend
Based on trends, I predict GBP to weaken and fall back in with the upward trend lines. GBP has lost its upward momentum If price breaks 1.86666 range then I will sell to 1.84200 range
Happy Sunday, This weeks' trade idea we see the USD/JPY as bullish. The pair is currently in an uptrend, this is seen clearly on the Daily and the gradual increase of $2+ is also seen on the hourly