GBPJPY 10th may 2020
Hello Traders
Two possible scenarios I see today for GBPJPY.
In both scenarios I expect to see a move to the downside.
On market opening it's likely the. pair will begin its move to the downside, given the news events this week, I don't imagine that will be the case.
Or it could continue upwards towards the upper resistance area before dropping.
Either way, I'll be waiting for confirmation on the 4H timeframe before it drops
Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
Be sure to like and comment on the chart and follow me on trading view.
Two possible scenarios I see today for GBPJPY.
In both scenarios I expect to see a move to the downside.
On market opening it's likely the. pair will begin its move to the downside, given the news events this week, I don't imagine that will be the case.
Or it could continue upwards towards the upper resistance area before dropping.
Either way, I'll be waiting for confirmation on the 4H timeframe before it drops
Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
Be sure to like and comment on the chart and follow me on trading view.
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