December 24th, around 300 pips up and down, GBP/JPY analysis (with addendum)
Pound yen is,
*Last Thursday it touched 152.63 ⇒ dropped about 300 pips from there
⇒ Reached 149.52 on Monday ⇒ another 300 pips move
⇒ Yesterday it touched 152.58.
For now, it is moving within the monthly range that was published recently.
Going forward
① Further upside targets if it breaks upward
② Pullback targets if it does not break upward, and we will analyze the trend at those levels
Dollar/yen is, at the start of the month it attempted again to move above the monthly range as it did early in the month, continuing from last week.
Will it break through this time?
And now, today as well, we will analyze with the Keicana Line.
*This article is a data-point analysis to demonstrate the effectiveness of the Keicana Line.
*If you have learned Keicana Line, compare your own values and movements with what is described here as part of your learning.
*Note: this is preliminary analysis information and is not a recommendation to trade.