24 Jul Are we due a rate rise next month?
The GBPJPY is at a support level in the daily chart and we have called buy signals in smaller time frames today for day trading. The GBPUSD has seen some buying since the 19th July and we are 200 pips off the lows since then.
So, with all the usual risk management you need to apply every day, this may be a time to buy dips as the market is telling us so far that the gbp is getting bought by institutions.
For more information on our membership services and trading room, get in touch now and ask for details.