GBP/JPY

24 thg 8, 2021

We can clearly see for a long time that the Directional bias of the market is bearish. Trend line resistance violated and key level broken. Price is facing bulish, we have push phase and pull back into structure, price has form a double bottom of the previous higher low in 4h Time frame. We r looking to buy only. Moreover our Directional confluence on GBP is strong bullish arround 0.71% why JPY is arround 0.05%. which indicates the pounds is stronger versus the yen. Look for buying opportunities. Like and follow for more analysis.