Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
GBP/JPY: 'Pennant' led to new local high
Information is not investment advice
The last 'Pennant' has been broken, so the price is rising and we've got a new local high. Meanwhile, it's likely to have a local downward correction towards the closest support at 145.98 and the Moving Averages. The subsequent pullback from these levels could lead to another bullish price movement in the direction of the next resistance at 148.56 - 148.86.
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