Market Breakdowns: Week 23/04 - 27/04; GBP/JPY is Bearish Again! [Video]

Troy Scott SB Forex

This week we see a bearish GBP/JPY, as this has recently rejected key weekly resistance. This follows prices breaking below key monthly support and then pulling back. Elsewhere, CAD weakened towards the end of last week, and in conjunction with US Dollar strength, is leading to USD/CAD resuming its medium term bullish trend.

Author

Troy Scott

SB Forex

Troy is from a medical background and holds a Clinical Physiology degree. In 2013, he discovered his passion for forex and began trading independently.

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