UnknownUnicorn111799

July 1, 2020 - London Session ideas

FX:GBPJPY   Brittiska pund/Japanska yen
Buy and sell areas in chart. I will see how price reacts to those areas and trade accordingly.

Well, yesterday was a good one. I thought it wouldn't go up anymore considering the huge bearish move from pre-London. Turns out it was only waiting for US market to open before skyrocketing up. It is currently going down since Asian session and knowing how GJ moves. It could correct the whole move from yesterday or this could only be a very deep pullback for it to continue upwards. It is currently the first trading day of the month, let's see if this is just going to be a wick for the monthly candle.
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