
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
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Yesterday, the GBP was boosted by the positive flow of the Brexit talks. Today, it will have to – at least – stay at the new positions or cede them back.
Against the USD, it bounced upwards from the support of 1.27 and crossed the 50-MA to trade under 1.29 now. The 100-MA caps the upside at 1.2880 for it – if we don’t see it cross that one as well, the GBP will like go back to where it came from – 1.27.
Against the EUR, the price went below the strategic support of 0.91 to touch 0.9060. However, it already started bouncing upwards from this bottom which is reinforced by the 50-MA. So pay close attention to the performance of the GBP now – if there is no further progress in the positive direction for the Brexit, the GBP will not only get back to previous trend but probably lose even more ground.
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo AUD/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo AUD/JPY: The pair is trading below the cloud…
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