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Hi traders,
It been a good week.
Momentum is gradually returning to the market.
Gbpjpy which opened the week around 138.30 area, fall successfully down for 3 consecutive days and was stopped by the 135.00 psychological level and ended the week around 136.20 area.
Gbpusd on it's own opened at 1.3293 moved up over 2 days but was stopped by resistance at the 1.3440 area. The pair fall subsequently to as low as 1.3238 before closing the week at 1.3269 area.
It been a good week.
Momentum is gradually returning to the market.
Gbpjpy which opened the week around 138.30 area, fall successfully down for 3 consecutive days and was stopped by the 135.00 psychological level and ended the week around 136.20 area.
Gbpusd on it's own opened at 1.3293 moved up over 2 days but was stopped by resistance at the 1.3440 area. The pair fall subsequently to as low as 1.3238 before closing the week at 1.3269 area.
