GBPJPY INDECISION ZONE - LONG POSITION
CLEAR TO SAY THAT THI IS NOT A FINANCIAL ADVICE - KEEP IN MIND
THIS IS A GAME OF PROBABILITY
In this situation, we currently have on GBPJPY is Indecision which we will have to patiently wait for a breakout of either direction.
So we will have to wait for a breakout of the indecision zone to a bearish sell pressure to the downside.
When it tests the trendline bottom, which is exactly at the 50% percent levels of the Fibonacci retracement and a retest of the structure we potentially look for a LONG opportunity.
At that currently time we will be waiting for a fundamental analysis of YEN High News(Current Account n.s.a to be out.
GBPJPY
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