GBPJPY Bullish Setup
According to Giles Coghlan the GBPJPY has a very good bullish setup. He does mention the risks surrounding the pair, so take note! Also, Blake and Giles discuss the GOLD market following the FOMC.
A bullish setup is a technical analysis term that means the stock chart patterns are showing the market could move higher. Examples of this are a Bull Flag or Double Bottoms, or an Inverse Head and Shoulders.
Giles Coghlan is the Chief Currency Analyst. Since joining the HYCM Group in April 2018, Giles has played a key role by providing his expertise to HYCM’s investors. With over 10 years of experience in trading, Giles is committed to helping traders by sharing information on the latest moves in the currency, equity, and commodity markets.
Giles is often being featured in top-tier media including Reuters, Yahoo Finance, Nasdaq, CNBC, MSN, FT Adviser, City AM, The Guardian, The Express, Daily Mail, Mirror, The Sun, This is Money, Evening Standard, Money Observer, Morning Star, Business Insider, and financial magazines such as Moneywise Magazine, Global Banking & Finance Review, World Finance, The European among others. He also contributes to major forex and crypto media such as FXStreet, FX Empire, Dailyforex, Investing, Industry Spread, Leaprate, Finance Magnates, Cointelegraph and Bitcoinist.