Looking at the long term direction of GBPJPY on the Daily and Weekly charts. After doing a little analysis I'm thinking that we may see a small retrace back into the 173.00 levels before heading down towards 157.00. Will Definitely keep an eye on this.
Note
Looks like we got the retrace up to the predicted levels sooner than expected. Thanks to the BOJ news.Trade active
Target 1 hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.