LotfiDT

Analyses FIRST week 2 FEV - GBPJPY

OANDA:GBPJPY   British Pound / Japanese Yen
Little analysis of the different scenarios that could happen for the pair.

Always stubborn last week, he remains in his range.

He may want to make a retest on the resistance after the break, we will then see how the price reacts to that.

If he decides to break the range with a bullish trend we can see him going to touch 146.300
If on the other hand he breaks it with a bearish trend, he will touch 139,200.

Above all, we will have to see the advent of the threat of the CoronaVirus that affects China but everyone too

Signals will be posted on my account as and when the advent, do not forget to subscribe!
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