HERE'S OUR ANALYSIS OF GBPJPY WE COULD SEE EITHER A CORRECTION TO THE 135-136 HANDLE OR CONTINUATION TO THE 141-144 PRICE POINT
PRICE DID CREATE A NEW WEEKLY HIGH THIS WEEK AND HAS SURPASSED MARCH HIGHS BUT FAILED TO CLOSE AT THE HIGHS THIS WEEK SO WE COULD SEE CONTINUATION COME SUNDAY MARKET OPEN AUGUST 16TH INCREASING WEAKNESS IN JPY NOTICED DUE TO ECONOMIC FACTORS.
ANYHOW, WE LIKE TO KEEP IT SHORT AND TO THE POINT.