Gbp/jpy Rise to Multi-year high after Minor correction

Gbp/jpy Value Migration

As I always mentioned in my blog, Our primary focus should be on strong trends and we should always look for value Migration and Today we have seen such behavior and I would expect price to make a new Multi-year high in the pair Gbp/jpy

When we see strong trend followed by correction then We should always look for pullback only when price has not managed to liquidate too much and when we see spikes in such behavior and pause in trend, then we should always look for Value to migrate higher soon.

Value Migration should be a quick spike and there should not any hesitation in the market and value should keep rising with price.
Idea should always be to remain conscious and wait for such opportunities and keep buying on the day on any pullback as "Strong Money" Will keep buying and keep moving the price higher because it is natural in such strong trends and I have seen strong movement after "Value Migrates" followed by strong demand in Currency Pair.