Last Week’s Review: GBP/JPY reached both weekly key levels Up and Down: Comprehensive article exposing early-month key level analysis!
(
This is a recap of last week.
The GBP/JPY moved significantly on Wednesday, Thursday, and Friday last week.
The key levels for December were reached last week, and this week it tested the downside.
On Friday, I published an article for December 10 (Thursday); I published the previously analyzed lowest value from that article again after updating it.
*There was a sharp drop on Friday, it touched near the December key-value analysis value and recovered about 100 pips toward the close.
*This is the monthly key-value analysis for GBP/JPY I posted on December 1.
GBP/JPY reached the upper and lower analysis key values for December.
On Friday, it rose about 100 pips toward the close, but what about going forward?
Starting from tomorrow's open, I will perform the analysis using the Keikana Line (line method).