GBPJPY LONG TERM BUY

Bearing in mind that GJ is still bullish on the Higher Time frames, the bearish moves since last week is just a retracement and it's currently sitting at an area that has the daily bullish 61.8fib, the H4 low and also an area of Support Turned resistance and also the ascending trend line. The entry confirmation will be a change of Structure and then a pullback to atleast the 50fib level.


It's most likely going to be a long buy.

Disclaimer