GBPJPY - AUG 17- 21ST BULLISH CONT ? OR CORRECTION?!

HELLO TRADERS,

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.


THE TRADING REGIME!