Following up from last week, the Pound moved upwards on Thursday and Friday but the luck of momentum was obvious due to the establishment of the current downtrend. The weekly candle closed bearish therefore this week we expected to see more weakness in the pair.
Also, the Daily candle on Friday closed as a bearish reversal due to the selling pressure accumulated...
Daily/4h time frame analysis on GU.
Structure & trend analysis.
Directional bias & trading recommendations.
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EURJPY is about presenting a New Buy opportunity if we are able to have our desired price action formed to take it to the upside. A lot of patience is required in this market . Join me for more analysis . Comments are welcome. Get in touch if you're interested in learning .