Hello Traders,
It’s almost mid-week and the market has been quite erratic.
Let’s see if we could get some trading opportunities.
Over to our charts…
1. GBP/JPY
GBP/JPY is finally touching a previous resistance level (130.713).
The close of the daily chart will reveal a lot to us.
A breakout means we may most likely be seeing price on another bullish run to the next possible resistance level (135.351)
A reversal may prepare the Bears to pull price to a former support level (126.552)
What are your thoughts?