The GBPJPY is very comparable to EURJPY and easy to trade, be patient, wait for the consolidation and set-up before you buy the continuation. Updates will follow.
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Note
Comparable to EURJPY update but the structure is more clear for a potential sell trade.Note
I mentioned this morning that GBPJPY showed a better set-up than EURJPY and therefore I traded GBPJPY. Stop is at break even and I took some profit since I consider this to be a day-trade. Let's see wheter we see another break and bearish continuations.
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Related publications
Disclaimer
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.