GBPJPY Outlook for the Day!

81
GBPJPY Outlook for the Day!

THE FLIGHT: Weekly candle had close with a bullish momentum candle.

Target: I am predicting that price will retrace to the Daily swap zone (RBS), H4 buying breakout zone, & lower time-frame buying continuation.

Action: We start off with the buy until price shows a reversal. Once a selling confirmation is present.. we will change directions.

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.