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2025 Week 16 GBP/JPY Weekly Strategy

2025 Week 16 GBP/JPY Weekly Strategy daily chart

It was a week of ranging market after the drop.
When the daily chart goes into a range, day trading gets harder too.
I think this week really let me feel that firsthand.

This week, the key question is whether price keeps moving inside the range or makes a breakout in either direction.
The expected range is around 189.5–186.2.
That said, based on the price action so far, my impression is that it may rise for a while.
If it breaks above the range, I’ll plan to aim for around 192.

The 1-hour chart (H1) has also made a bullish shift, so unless there’s a big gap down at the start of the week, I’ll go in with a bullish bias.

This article reflects the author's personal view of the market. It does not recommend any specific trade; all investment decisions are your own responsibility.

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Frog @20ma_fx A trader with 20 years of FX experience Also enjoys programming as a hobby alongside trading

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