Currency Strength and Weakness

FX_IDC:GBPJPY   British Pound / Japanese Yen
GBP continues to weaken and JPY strength created a big market gap this morning Asian session open.

Take a look at the GBP pairs and you can see a clear gap down.

It’s important to wait for price to correct and wait for the gap to be filled before it continues to drop .

We will keep an eye on GBPJPY sell once price pulls back to fill the gap before selling.


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