Good Morning all,
Yesterday, Market move very slow due to US market closed. I close two of my BUY positions yesterday with profit and leave one position till this morning. I don't have a clear view now where GBPJPY will move but i can see that GBPJPY is trying to reverse Weekly Trend which is in Consolidation Phase now to Trending Up phase.
Could she change Weekly Trend to Trending Up phase ? Hehehehe no body knows. But we can assume this change will happened if she move and play above SMA 120 (Magenta Line). But if she move and play below SMA 24 (PaleGreen Line) we will see that she will continue her down move...
We'll see then
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