GBP remains strong despite the data below the expactations. Positive weather on Brexit make the GBP bullls much eager. BoJ keeps the monetary policy unchanged.
Technically: Dragon broken the descending trendline on the Daily Charts. It looks like the bearish correction is completed. EMA Golden Cut is on the way. The Bullish Move will be triggered by the breakout of 149.800 resistance. We may see a fast and strong bullish move after the breakout.
The targets of the pair will be:
150.50
151.90
153.04
154.50
156.00
Technically: Dragon broken the descending trendline on the Daily Charts. It looks like the bearish correction is completed. EMA Golden Cut is on the way. The Bullish Move will be triggered by the breakout of 149.800 resistance. We may see a fast and strong bullish move after the breakout.
The targets of the pair will be:
150.50
151.90
153.04
154.50
156.00
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