In the GBPJPY currency pair, we are seeing the formation of a harmonic pattern, so we expect a price increase, but there are two things to consider.
1. When the market opens on Monday, the first few hours of the market are emotional fluctuations and can even cause a "sharp drop".
2. But if the price increases, we can consider the targets 132.328 - 132.608 - 132.857 and finally 133.005, respectively.
In the McDi oscillator, we also see the completion of a negative half-wave, so we can expect a price increase.
1. When the market opens on Monday, the first few hours of the market are emotional fluctuations and can even cause a "sharp drop".
2. But if the price increases, we can consider the targets 132.328 - 132.608 - 132.857 and finally 133.005, respectively.
In the McDi oscillator, we also see the completion of a negative half-wave, so we can expect a price increase.