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Pre-makret analysis for Sunday 7/11/2021
* Analysis / Sentiment *
GBP/JPY was volatile last week, going up and down 150+ pips. Closing out the week
bullish , closing above 153 price level. For the start of the week I am anticipating
price will correct this bullish move. 153.2 & 153.5 could be possible resistance
levels to look at. Depending on what price does when the market
opens, it might go down to 152.6 then potentially go up from there. Keep in mind this
is just an overview right now. I will provide an updated as we go into London Session.
* Key Levels *
154
153.5
153.2
153
152.6
* Disclaimer * This is my analysis, anything you execute on is on you.
DONT OVER TRADE!
- James
Pre-makret analysis for Sunday 7/11/2021
* Analysis / Sentiment *
GBP/JPY was volatile last week, going up and down 150+ pips. Closing out the week
bullish , closing above 153 price level. For the start of the week I am anticipating
price will correct this bullish move. 153.2 & 153.5 could be possible resistance
levels to look at. Depending on what price does when the market
opens, it might go down to 152.6 then potentially go up from there. Keep in mind this
is just an overview right now. I will provide an updated as we go into London Session.
* Key Levels *
154
153.5
153.2
153
152.6
* Disclaimer * This is my analysis, anything you execute on is on you.
DONT OVER TRADE!
- James
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.