gbpjpy

The Japanese Yen remains one of the strongest currency pairs of this week. USD/JPY fell 3% to its 4-month-low on Tuesday following the Bank of Japan expanded its band on yield curve control to 0.50%. As of this writing, USDJPY trades below 132.50. The strong momentum lifted after the Bank of...

*Breakout on descending triangle with retest completed *Bounce off previous support *Inverse head and shoulders completed and holding on neckline after stop loss hunt by banks *Good trade fundamentally ahead of very negative jpy economic news/data to come out tonight and for first quarter due...