Pound Yen

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = GBPJPY : 240 Chart (Posted Below)

For those that follow the blog and "Swing Trade" you will still be in the trade, as today price fell over 100 pips before recovering and gaining 200 pips. With short term divergence, RSI struggling to break 65 and stochastic s in OB territory and we have the RN immediate above us which may again be tested before we see a reversal. The trend line drawn is also under pressure from price as I write and a BOB could provide us an opportunity in a short term trade.
















Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst



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