Hello Traders,
It’s a new month already, let’s see if we can get a trade for Friday.
1. GBP/JPY
Price on the GBP/JPY found it difficult breaking through the consolidation band this week.
Consolidation of price was formed around the resistance level 133.985 before the Bears kicked in. Today we are seeing a possible price pullback.
After the daily candlestick closes, it could be a good opportunity to enter this trade.
If the sell pressure is high, we could see price revisit support level 131.345 before the close of the market.
Thanks for taking the time out to check out our analysis this week, I wish you a nice weekend and do stay safe fam.
