GBP/JPY Day Trade:1:2 R/R long-trade set-up conditions have emerged

Further to the earlier analysis, GBP/JPY Price Analysis: Higher highs on the cards, or bearish breakout?, the conditions are ripening for a long entry for a short term day trade targeting higher highs in GBP/JPY

15-min chart day trade set-up

More to come....

PBOC sets yuan reference rate at 6.8903

The People's Bank of China (PBOC) has set the yuan reference rate at 6.8903 versus Wednesday's fix at 6.9079.
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GBP/USD Price Analysis: Overbought RSI triggers pullback from one-week high

GBP/USD declines to 1.3207, intraday low of 1.3206, during the early Thursday’s trading. In doing so, the Cable snaps two-day winning streak while rev
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