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Gbpjpy is just squeezing out buyers. It would make sense to try and sell and that happened today and follow usdjpy but overall that trend is up

For this to be valid the 161.16/168 shouldn't even be seen

Intraday it's bearish but once sellers get kicked out price will change bullish

Clear daily evening 🌟 as long as it trades above both 50mva and 20
168.73 entry
SL 167.953/168.185

Tp can be 172./173/174/179/180
Finally 189/194

Usdjpy should've followed this but maybe later as the usd seems to be pressured due to outcome of unemployment being negative and the feds are less hawkish as expected they gave the expect 7.5 hike rate


Gbpusd will be bullish with this but it may take at least a year or two to find this momentum we looking for
Ghi chú
I took a sell instead and again today 146.2 tp 200pips.
Ghi chú
Closed some left one with positive SL @ 164.7 if the 165 doesn't get passed I'd look to do the sell idea shared in this buy idea
Candlestick AnalysisDouble Top or BottomElliott Wave

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