Weekly Market Analysis: GBP/JPY & AUD/JPY

Hello Traders,

let’s hit them charts:

 

1.GBP/JPY

Last week we saw a decent bullish build-up of price on GBP/JPY, which took price to the current resistance zone

This week we will see if a triple top formation will be formed. If that happens, then price will most likely revisit NPSZ

 

2. AUD/JPY

AUD/JPY has broken a key resistance zone that held price for over 2 weeks

This week we are most likely going to see buyers push price to NPRZ

 

What say you?

 

Note:

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