Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/JPY: market broke all Moving Averages
2019-11-11 • Updated
The price has been rising since the last 'Triple Bottom' was formed. The market has broken all the Moving Averages and there's no any reversal pattern so far. In this case, we should watch the nearest important resistance at 146.28 - 146.54 as a possible bullish target. If a pullback from this area happens next, there'll be a moment to have a bearish correction towards 145.48 - 145.01 and the Moving Averages.
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