GBPJPY - Looks to be in an uptrend on the Daily, H4 & H1. Price has been creating new highs and appears to be pulling back on the 15min to re-test structure. If price starts tarts rejecting from our support zone then we will be placing a buy position with targets just above previous high and a stop below the second support level in case market decides to do something weird like a liquidity spike.
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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.