Lemonstre

Lemonstre

Trading currencies is a game of numbers, how many trades you take and how much risk you take on each. Do not be discouraged by a losing trade, for there are bound to some losing trades. Last week GBPJPY broke out of a trading range and is testing the upper limit of this boundary. This is a zone of interest, great trades historically begin at these zones, will it...

Lemonstre Updated 

The GBPUSD has maintained a fluctuating pattern within the range of 1.25800 and 1.27700 for over a month. Today, it has surpassed the upper boundary of this range. The question arises: will this upward momentum persist, or are we witnessing a false breakout? If you're engaging in trading, my cautious suggestion (to be taken with a grain of caution) is to wait for...

Lemonstre Updated 

GBPUSD had a bullish run on 03/01/2024 (mmddyyyy). It may continue to rise through out the month

Lemonstre

The British market has seen growth this last month with its average earning index + bonus hitting a back to back alarming rise. retail markets have been steadily rising but inflation is still high with the YoY CPI at 6.8% still above the BOE 2% objective. BOE has already shown signs of another rate hike in September whereas for the jury is still out on if the FEDS...