FMA + MVA had another successful analysis to achieve 5/5British Pound vs Japanese YenICMARKETS:GBPJPYfullermarketanalysisToday's Analysis was successful. Market Volume Analysis: Price was stable above the prev. day's point of control. After migrating on Sun24May26 and price discovery on Mon25May26, the market balanced on Tue26May26, and held price above prev. day's poc and vah. Observation however, by the day's end, price migrated into price discovery and slightly depreciated in value for Tue26May26. Full Market Analysis: While in a balanced market, FMA capitalized on good buy and sell opportunities with chart trades. Although suffered a loss and a break even, the day ended in profit of +400%. Stats: For analysis Goal:7/10 successful analysis Status: 5/5 successful | 0/0 unsuccessful For chart trades 7/8 560% roi = 90%+0%+50%-100%+30%+50%+0%+440% A keen observation: The new fair price range was very expensive on Tue26May26 compared to the prev. day's fair price range on Mon25May26. 1. Does this mean an overbought situation? 2. Could it be that price will start to depreciate after today? (After all, price has been appreciating since the start of FMA's testing process with Market Volume Analysis) 2.1. Price actually depreciated, and not by a lot. Price migrated from today's fair price range into price discovery by the day's end, accepting cheaper price values. The market may want to depreciate GJ's value now. Let's see. 3. What will today's fair price range look like at 17:00 EST today? 3.1. Today's fair price range between 214.256 & 214.633 was held up until 12pm. Follow with us to find out more. NB: Price values in this published idea for testing FMA & market volume are based on IC Markets' market data feed. The regular, major published ideas is on OANDA's market data feed.