GBPJPY 30/7/23

30 ביולי 2023

Here we have British pounds to the Japanese yen with a nice break to the upside showing clear momentum behind this movement the POI that we are looking at is the POI that presents itself during the break between the high volume of London and the high volume of New York we are looking for this to take us higher out of the current range that we are sitting in, of course as always if we break lower we will follow the bearish bias but last week British pound the Japanese yen played very nicely and was very efficient with our overall range movements!