GBP struggles to maintain upward trend
Updated
👑 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
👑 Do you like analytics? Watch the profile👑
👑 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
👑 Do you like analytics? Watch the profile👑
Note
We flew up beautifully without accumulationTrade 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 readingsNote
Gbp/Jpy flies as plannedTrade closed manually
CheersTrade active
Link for post update:
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