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BTCJPY keeps moving closer towards 1.3752E+07. Will it finally breach this level?

BTCJPY is moving towards a line of 1.3752E+07 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If BTCJPY continues in its current trajectory, we may see it move towards 1.3752E+07 within the next 2 days.

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Gold Spot has broken out from the Descending Triangle pattern. Expect it to hit 3242.0810 soon.

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We expect GBPUSD to trend downwards today with a 71.43% chance.

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