GBP/JPY short-term and intermediate directions continue to point lower. - GBP/JPY continues to display some element of congestion; but once resolved, GBP/JPY looks ready to stage a ‘big move’. - If you’re looking for trading ideas, check …
The week begins, and we have our first two big losers. Both the pound (here) and the yen (here) are gapping lower in early currency trading. What's going on? In the U.K., this is a reaction to the downgrade. And in Japan, this is a result of the …