GBPAUD & AUDJPY +70 pips as Brexit optimism and a stock market collapse send the GBP and JPY higher!
A lot of volatility in the Futures and Forex markets today, which provided a lot of trading opportunities. I hope you traders were able to catch this market movement. I traded the Great British Pound vs. the Australian Dollar (GBPAUD) and also the Australian Dollar vs. the Japanese Yen (AUDJPY).
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GBPJPY forming a pennant above downtrend support. Have it on watch for a break higher. Here's my take on it.
Nice analysis. We tend to focus on Fundamentals, but with the positive Brexit news we should see a more bullish GBP.