Looking at GBPJPY it seems to be in the middle of nowhere really. Once again this is going to be very dependent on the US election.
At the moment I will not be taking a trade as we are not really at any major support or resistance. Next resistance level is around 135.00. Next support is around 122.40.
What I would do is wait until price hits one of these levels and then think about taking a trade in the opposite direction.
At the moment I will not be taking a trade as we are not really at any major support or resistance. Next resistance level is around 135.00. Next support is around 122.40.
What I would do is wait until price hits one of these levels and then think about taking a trade in the opposite direction.