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Gbpjpyprediction

GBPJPY - FUNDAMENTALS WITH SECHNICAL BIASCurrently, GBPJPY is going down a bit due to MARKET RISK OFF. We expect GBPJPY to go UP again. Anyway, that PRICE can fall on the SUPPORT LINE on the GBPJPY chart again. After that the MARKET can go UPSIDE. You can definitely buy at the GBPJPY 168.69 level. For that, MARKET RISK should be ON. But we can sell GBPJPY up to 158.60 LEVEL according to the STRUCTURE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK OFF in the coming days. We must pay attention to MARKET SENTIMENT.
by benny_marshall
1
GBPJPY (1W)Currently, price is resting on a critical area where it has tested for resistance several times, and its next to a foundation level which means consolidation. More so, on minor structure fib level is at0.00% and it already hit 0.00%. TP1 and major structure its at 61.80% and 0.00%, although price broke through a minor trend-line , pushed up so i want to see that same bullish momentum. Though during the beginning of Asian session we may have some bearish momentum then continuation with bullish momentum. But wait for it to break through that resistance zone, and foundation level but expect it to move up to the 170
Long
by louisemwesigwa
4