GBPJPY ENDING OF THE WEEK UPDATE FOR TOMORROW

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TODAY WE CLEARLY SAW THAT THE MARKET WANTS TO REMAIN ON THIS CONSOLIDATION LEVEL AROUND 133. ANY ATTEMPT TO GO UP FAILED.

THE ARE NOT ANY BIG ANNOUNCEMENT TOMORROW REGARDING UK BUT WE CAN SEE MANY ISSUES WITH CORONA VIRUS IN US.

SO MY VIEW FOR TOMORROWS THAT WE CAN POTENTIALLY GO DOWN TO 132 AREA WHERE I WILL BE LOOKING TO TAKE PROFIT.

NO IDEA HOW LONG WE WILL HAVE THIS CONSOLIDATION BUT THIS MARKET SHALL BE TRADING LOWER IN THE NEXT MONTH OR 2.

ANY BAD NEWS REGARDING BREXIT WILL SHIFT THE MARKET DOWN IN NO TIME.

IF TOMORROW SOMEHOW THE MARKET BREAKS BELOW 132 I WILL LEAVE MY POSITIONS OPEN FOR NEXT WEEK.

FOR NOW LET'S BE PATIENT.

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