GBPJPY POTENTIAL TRADE

15 ส.ค. 2023

GBPJPY is obviously bullish, and expect price is retest and reject or fakeout off of certain price levels before potential LONGS. The recent bullish push was fundamentally driven by news release on the GBP, so a retest should be expected, and if not, no trade. This is the first time GBPJPY is retesting current price since 2015, so cannot see much data to the left on the timeframes, except the weekly. Planned out certain ranges to anticipate both LONGS and SELLS.