The Pound ( GBP ) weakness can be expected as price is showing signs of resistance at our structure level. We can see a break of our WFB trendline and clear rejection our structure. On the smaller time frames we can also see signs of rejection.
UK's COVID cases are on the rise & tension is rising as stats are increasing. We can expect the UK to go into a lockdown any time soon which will also help us hit our profit.
JPY
The Japanese Yen ( JPY ) has been very weak recently however we are anticipating JPY strength soon which will push this pair further down.
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