GBPJPY’s aggressive positive appetite looks to extend towards levels not seen in seven-months and possibly more than a year. Improving positive momentum is boosting the recent violent up move in addition to the upward slopes in the 20-, 50- and 100-day simple moving averages (SMAs), along with the bullish crossover of the 200-day SMA by the 50-day one. The short-term oscillators suggest that positive momentum is strengthening. The MACD, is in the positive region, advancing above its red trigger line, [..]
6 Asset Classes - 16 Trading Platforms - Over 1000 Instruments.