GBPJPY Weekly Chart Analysis
Weekly respected the previous low and retested resistance. Not much volume last week. Short body candle and longer wicks
GBPJPY Daily Chart Analysis
The Daily time frame started the week bearish with Mondays candle bouncing up from the rejection area below 181.64. The daily traded within the range for the rest of the week, closing bullish near resistance @ 182.73
JPY Bank of Japan Core CPI on Tuesday
GBP Claimant Count Change and Flash Manufacturing/Services PMI on Tuesday
No major news this week for GBP or JPY so anticipating GBPJPY will continue to trade within a range
Check out News This Week 23rd October for scenarios
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