GBPJPY End of Week Analysis!
The pound had a very strong week pushing to the near 134.000 psych level. As I type this price is at 133.529 at 11:49 AM New York time on Friday. I am expecting to see GBPJPY reach the 134.000 handle possible before market close, but from there I am expecting to see some sellers come into the market. It is Friday and the market closes in 5 hours so I will not be taking any additional trade for the week, but seeing how the market opens on Sunday will be a key indicator as to whats next for GBPJPY.