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GBPJPY 30th July 2021 London Session

FX:GBPJPY   英鎊 / 日圓
Last trading day of month and no point risking it.

However if you have itchy fingers, an area to watch will be 152.5 (Monthly Support).

We're closing the monthly candle today so we should be testing this area to see if we rebound or sink.

This area is also confluence with the 4 hour bull channel that have been in action for the past few days.

Bouncing off this support would also mean that we are stuck in a messy zone. (Left candles) I find buys above 152.80 to be better.
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