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Hello everyone, Two more weeks have passed, and we are back with the next update on Community development. Standings , Results , Open and …. Gbp usd continued to retreat downward today upon meeting resistance at 1. Hi there, Yesterday, after my 2 successful long trades on Gbpjpy there was a change in momentum on Gbp pairs, as current political landscape unfolds between EU and UK.

Because there was no full agreement between the 2 sides, talks failed to move to next level, which is the future trade agreement. But i noticed something interesting here: As long as the weekly pivot holds at …. It is nice to consider the current movement of the GBPJPY, it is long overdue, and it is a retracement of what has happened with this pair, so i was expecting it before it actually happened. Yet, the market cannot sustain this, and it is trying to climb back gain.

However, lower band of bollinger bands has been hit on the 4 hours time frame, this might be the continuation of a bullish bias. Is a transition deal still in play? As time passes by, things look more complicated and Britain lags behind. The day started on a very unsure note, most currencies refused to take a major direction until about two hours ago.

Fortune favours the bold, patient and prepared. I think if it closes today above yesterday high then there will be a beginning of the upswing. Top bloggers Week Month Year.


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