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British Pound / Japanese Yen
Short

GBPJPY Intra Day/Week Outlook

By JayP0well
H4: Recent market structure has shown that the bullish market structure has been invalidated through the break of the ascending trendline. Price has also retested the broken trendline which matches the 78.6% fibo critical level. I feel it will create a new structural low and it will match the fibo Take profit level of -27% which confluences with a minor demand zone.

Trader's Arena Fx
FibonacciGBPJPYmoneySupply and DemandTrend Lines
JayP0well

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