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British Pound / Japanese Yen
Long

GBPJPY - Small Upside Target

By AlkalineFX
The last 15M candle closure indicates some buying pressure after the structural shift but then again this could just be end of week market manipulation. We are more than likely to see the price come down to test the strong supportive level and gain liquidity before we see a strong upside move but then again price could fly to the upside from the current area it finds itself in.

COT Data - 53.3% Long
Chart PatternsGBPJPYgbpjpylonggbpjpyshortgjHarmonic PatternsmarketpriceactionstructureTechnical AnalysisTrend Analysis
AlkalineFX
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