GBP struggles to maintain upward trend

👑 GBP struggles to maintain upward trend 👑

👑 Last week, the British pound positively surprised all investors. Because the Bank of England announced the purchase of assets such as bonds

👑 Against the JPY, we could see a rebound of about 10%.

👑 This gave a clear signal confirming the continuation of the upward trend on the pair

👑 The high bounce we made may be cooled in the upcoming trading sessions

👑 But looking at the dynamics, I'm willing to risk saying that the upward trend on this pair is not over yet

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Note

We flew up beautifully without accumulation

Trade closed manually

Note

GBP/JPY has made the correction I have been waiting for, even though the position has already been closed on the upside it is still worth keeping an eye on because the upward trend on this pair in my opinion is not over yet.

Trade active

Movement in line with analysis, following inflation readings

Note

Gbp/Jpy flies as planned

Trade closed manually

Cheers

Trade active

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