The gbp/jpy pair did not succeed to hold above 146.60 level yesterday, to stay hesitant against the available options, as settling above the bullish channel’s support at 144.50 supports the preparation to build strong positive trades, while the moving average 55 at 147.50 supports the bearish correction attempts for now.Therefore, i prefer staying aside for the near term trading and monitor the price behavior until confirming the main trend and avoid any l…
The gbp/jpy pair did not succeed to hold above 146.60 level yesterday, to stay hesitant against the available options, as settling above the bullish channel’s support at 144.50 supports the preparation to build strong positive trades, while the moving average 55 at 147.50 supports the bearish correction attempts for now.Therefore, i prefer staying aside for the near term trading and monitor the price behavior until confirming the main trend and avoid any l…