GBP/JPY WEEKLY OUTLOOK
The vaccinations are still on track in the UK and are still picking up in Japan, which is optimism in the market. We are in key liquidity areas right now. Last week, we closed below a week-long consolidation zone on a daily timeframe. The first trading session of the week (the London session has not even opened up yet), so make sure to stay safe in the markets. Wait for clear indications and confirmations of trades. As long as the price closes out of the zones and follows a clean structure, we may have a great swing trade opportunity this week!
The vaccinations are still on track in the UK and are still picking up in Japan, which is optimism in the market. We are in key liquidity areas right now. Last week, we closed below a week-long consolidation zone on a daily timeframe. The first trading session of the week (the London session has not even opened up yet), so make sure to stay safe in the markets. Wait for clear indications and confirmations of trades. As long as the price closes out of the zones and follows a clean structure, we may have a great swing trade opportunity this week!
