The FX market has been noisy this year but there’s a signal


What FX trade is trending?

Here is at the year-to-date FX leaderboard:

year to date

One-month:

one month

One week:

one week

All that said, the GBP/JPY chart is now facing the December 2019 high with the March 2019 highs not far behind.

GBPJPY

The signal so far is strong but it faces a test this week. If it pulls back, 145.00 is

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Categorized as Forex

By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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