mytw0cents

GBPJPY WEEKLY UPDATE

Long
FX:GBPJPY   British Pound / Japanese Yen
Hi trader

The GBPJPY is still moving within the consolidation area between the lowers 155.350 and the high 162.222.

The market ended the weekend with a high of 161.802 and a low of 159.587.

Therefore, if this price goes up next week, it could break the consolidation and close at 163.

My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.

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