In my weekend update from two weeks ago, on April 6th 2021, I noted bullish-reversal descending wedge patterns on the 4hr charts of Gold, the EUR/USD, AUD/USD, NZD/USD and GBP/USD (see screen shot below). Since that update, bullish wedge breakouts have triggered and yielded $40 on Gold, 200 pips on the EUR/USD, 120 pips on the AUD/USD and 130 pips on the NZD/USD so I hope you all caught some of this action! The GBP/USD looks like it is getting ready to make a bullish wedge breakout so might be worth monitoring this week. These breakout moves were no doubt helped by the weaker US$ and US Treasury yields also closed ... (full story)