Central Bank rate decisions are due out of both Europe and Japan this week; and so far Q2 has seen the return of a previously strong trend. But will the ECB/BoJ further contribute to the bullish run in the pair?
The combination of current sentiment and recent changes gives us a further mixed Bitcoin trading bias.
GBP/JPY came into last week on a high note, but saw a strong reversal around UK inflation numbers. Support is now showing at a confluent level, but will buyers be able to break back-above the post-Brexit trend-line?
The current EURUSD price trend may soon reverse lower despite the fact traders remain net-short.