Important February Values: USD/JPY Edition & GBP/JPY January Analysis Recap
Yesterday was a recap of the monthly analysis article for USD/JPY published on January 4.
Today, I would like to do a recap of GBP/JPY.
*First, the January 4 monthly analysis article.
*Next, an article from January 11, the day before breaking above 141.300 for the January monthly value. It’s about the day before January 11 when the 141.300 level was surpassed.
*Then, an article from the evening just before the FOMC late at night..
Thus, in Keikana Line, there exist high and low values that mark the boundary of a range.
If you break through those values, you move to the upper range; if you stay within them, you remain in the current range, making it effective for range identification.
So today, we will analyze USD/JPY for February using Keikana Line.