GBPJPY is going towards a VERY strong monthly and weekly SUPPORT level. We're looking for GBPJPY to enter this zone before entering into a trade, we should then see a BULLISH RUN. In regards to this, we do have to be cautious due to last weeks markets and not following analysis, especially with the HEAVY DOWNWARD TREND that is very apparent. This was all caused by the UK GOV and their great skills in politics!
Keep your eyes open for the test of this level and have buy limits in place withing the zone as marked.
Keep your eyes open for the test of this level and have buy limits in place withing the zone as marked.