traderh

GBPJPY, 23-03-29, US Session

FX:GBPJPY   Paun British / Yen Jepun
Price has so far made consistent higher high and higher low pattern throughout today's session. It's like the bears just gave up and let the bulls plow through. While seems to be a positive development for traders on the long side, it should also serve as a warning.

Never be complacent as tides can change when you least expect.

Bears lurking around. More bank woes perhaps around the corner?

Penafian

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