gbp jpy weekly analysis in under 5 minutes Part 1 l GBP JPY weekly analysis and Forex:
Weekly Analysis of GBP/JPY (Nov 11th - 15th, 2024)**

Join us for this week's in-depth analysis of the GBP/JPY currency pair! In our latest review, we explore the current bullish consolidation pattern, with key support and resistance levels shaping the market landscape.

🔍 **Market Overview:**
- **Current Pattern:** Bullish consolidation
- **Major Support Level:** 196.30
- **Major Resistance Level:** 199.90

📈 **Potential Trading Opportunities:**
- **Buy Areas:** 196.30, 195.40, and the horizontal level at 190.
- **Sell Areas:** 199.90 and 200.40.

🚀 **Key Levels to Watch:**
- **Break Above:** 199.82 targets minor resistance at 200-210 and main resistance at 278, with a potential extension to strong resistance at 201.65.
- **Break Below:** 194.60 opens up a range down to 192.90-193, with main support at 192.90.

Stay tuned for our expert insights and trading strategies to navigate the GBP/JPY this week. Don't forget to like, subscribe, and hit the notification bell for more updates!

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Introducing Tom Alongi, a seasoned expert in the world of foreign exchange trading, whose illustrious career spans over three decades. Tom served as the Chief Dealer at CRT Bank NY, where he honed his skills and expertise in managing complex currency trades. He later took on the role of Chief Cross Currency Forex Dealer at DG Bank in New York specializing in GBP/JPY and EUR/JPY(DEM/JPY), where his strategic insights and leadership were instrumental in navigating the fast-paced forex market. Most recently, Tom held the position of Chief Dealer at CRT Bank, overseeing a dynamic team of proprietary traders 30 traders in all, guiding them through the intricacies of cross-currency transactions. With a wealth of experience and a deep understanding of the global financial landscape, Tom is a respected figure in the Forex community, known for his exceptional leadership and market acumen.
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Disclaimer: My trades are for educational purposes only. Past performance does not guarantee future results. ⚠️

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