FX:GBPJPY   British Pound / Japanese Yen
On 16th Dec price closed above the previous high close on the 9th Dec. There has been a test of that price on 18th Dec but significantly, price closed above that level. Therefore, you should keep an eye out in lower timeframes for a break UP from Fridays trading to confirm a BUY at a decent price.
Comment: Big drop in the GBP. That is why you must always watch in lower time frames before committing.


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