We are currently at the key 195.000 level on GBP/JPY. Looking at the historical data, there is potential for a double top formation. 100 pips potential profit on this entry
GBP/USD has been in an uptrend for some time, as confirmed by the daily timeframe and the 200-period moving average, with price currently trading above the MA. The last significant level broken was 1.3500, and the market is now moving bearish towards our demand zone. Price has reached this demand area, and we are looking to enter long positions, targeting a move...