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GBPJPY Daily Trading Plan

This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]

The Bank of England sees little need to raise interest rates…

  Good Morning,   – Greece and Germany are pursuing a deal on the conditions required to continue the Greek bailout as each side signals a willingness to compromise, according to government officials taking part in the talks. Germany will not insist that all elements of Greece’s current aid program continue, said two officials in […]

GBPJPY follows our map, but still hesitates

Following up our post at 6/7, the pair has recorded new highs (147.60) as we described and it seems that is following our trading map. Our attention is on 148 (round level) and 148.25 (previous swing high) where we are expecting a selling pressure by the bears. The Fibonacci extension’s target is still open (261.8% […]