Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
GBP/JPY: market broke all Moving Averages
Information is not investment advice
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.
On the W1, EUR/NZD formed a candlestick with a long upper wick - a sign that sellers are strong in the 1.76 area.
AUD/CAD is trying to hold at some important long-term levels. A limited upside is possible from here.
What is the best way to bet on the positive outcome of the Brexit deal? Technically, the GBP has bullish potential versus the JPY.