Welcome back from the short weekend break, I hope everyone is ready for a busy trade filled week. We're looking at a new potential play here with GBPJPY.
With the instabilities and bearish trend in the JPY we're expecting more bullish movement this week across the board against the JPY. Our long standing trend lines are at a critical level now for GBPJPY and we expect more upward momentum now starting us off with a solid pick for the week.
LONG GBPJPY at 189
We also predict EURUSD may continue wandering upwards before dropping, and USDJPY continuing on upwards at it's own pace.
Stay tuned for some informative articles over this week on some basic and advanced forex concepts.
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