GBPJPY is giving us a perfect structured trend, same as USDCAD. We could see the pair bouncing again to drop in the long term continuing the down trend as Stochastics in the daily chart are indicating a possible sell coming soon. Will wait for a reversal pattern or a fundamental catalyst to go short.
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.