British Pound / Japanese Yen
Updated

GBPJPY - Weekly Outlook - 2.13.24

184
Looking for intraday buy signals on GBPJPY, be mindful fo the red folders, we could see rapid price drops that reverse and go higher.

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Note
Price is respecting 187.95. If today's close is ABOVE yesterday's low then 192 is next target.

We just got a measured move, at 187.95 (key level), bullish divergence and a manipulation candle during UK lunch break. see image below.

I'm observing for a buy entry at the moment, especially since all the big UK news is done for week

snapshot

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