GBPJPY Weekly Trend is down and price action is within a wedge/triangle. Anticipating this wedge to break to the downside and go back to 185$ then 180$ and longer term target would be 170$.
XAUUSD Get ready for the market opening tonight! Anticipate significant market movements as trading resumes. Stay informed and prepared to make the most of upcoming opportunities.
GBPJPY GBP/JPY’s extended fall last week suggests that rise from 188.00 has already completed at 198.84. Initial bias stays on the downside this week for 188.07 support. Firm break there will argue that corrective pattern from 180.00 has finished too, and larger decline from 208.09 might be ready to resume. On the upside, above 194.76 minor resistance will turn intraday bias neutral first.