Last week, after dip to a new low GBPJPY made a significant move upward, and it seems that GBP pair will keep providing high volatility this week due to BREXIT. Technically, I has short bias on this pair last week, but this week, I am looking for long trade and will look forward for long trade. GBPUSD and GBPJPY opened with more than 100 Pips gap this week, so I think pair will retest Friday close.


GBPUSD is mostly testing 200 simple moving average on daily chart, and we can see that 1.47000 level, so if pair will try to reach this level before coming Thursday, before breaking any-side.
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