GBP/JPY - SIMPLE Structure on the 4HRð
Here we have very simple structure for GJ.
Key levels drawn. A channel has been identified. We are in a clear uptrend in this market.
However, we are expecting a JPY reversal in the near future, so we can look for technical indications about when this reversal may occur, then see if the fundamentals are also pointing in the same direction.
Key levels drawn. A channel has been identified. We are in a clear uptrend in this market.
However, we are expecting a JPY reversal in the near future, so we can look for technical indications about when this reversal may occur, then see if the fundamentals are also pointing in the same direction.