Based on my weekly strategy, both the MA ADX and PFE is triggering today the GBPJPY 's intention of changing trend. It is signalling it wants to head long. This pair has some obstacles on the daily at around 143.74.
Once price does not sharply reject this level and moves on through with a close above 145....our new long term weekly trend will be solidified and you will be free to make pips of course within the safety of a new trend.
Once price does not sharply reject this level and moves on through with a close above 145....our new long term weekly trend will be solidified and you will be free to make pips of course within the safety of a new trend.