GBP/JPY was volatile last week, going up and down 150+ pips. Closing out the week bullish , closing above 153 price level. For the start of the week I am anticipating price will correct this bullish move. 153.2 & 153.5 could be possible resistance levels to look at. Depending on what price does when the market opens, it might go down to 152.6 then potentially go up from there. Keep in mind this is just an overview right now. I will provide an updated as we go into London Session.
* Key Levels *
154 153.5 153.2 153 152.6
* Disclaimer * This is my analysis, anything you execute on is on you.
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