longGBP/JPY Potential buy & sell opportunity on GJ
wait for confirmation before entering any trades
potential entry around 162.000 support area
for buyers to take over the market.
If price break & close below 162.000 support area
There's possibilities that price can head back for
weekly lows on GJ.
Pay attention to price action.
Ggbpjpy
GBPAUD Neutral BiasSince faield to retest the broken bullish trend to continue its dowside move and broke to the upside again ,here we can find a interesting multi timeframe channel that might provide a godo set up once the proper criteria is met until then my bias is neutral,in order to go long i would liek to see a break and close above the MP fib at 1.8600 but my favorite set up would be going short ince a lot xonfirmatiosn are lining up here for this and those are..
1. MP 38% and 50% but to apply this confirmation i woulkd need a daily close below 1.8565
2.Ichimoku at the same area
3.Multi tiemframe TL
Waiting for a reversal pattern or a daily close to have a 4th confirmation before deciding what to do