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Greatbritain

GBPJPY LONG BIAS! (UPDATED)Hello everyone! Hope you are all well! And had a great weekend!! :) Some members in my Tel channel suggested me a couple of pairs to analyse, and so here's the first one! GJ for me is looking tricky, I am against selling this pair for long period of time, as HTF shows long, with a clear target of 184.4. I will be watching LTF and Daily for a strong Demand Zone to line up for a potential buy to 166 as a first TP. I hope you enjoy the Top-Down analysis! Any questions? just DM me!! Take care!
Long
by NeddFx13
1
GBP/USD to Continue Falling After Retesting Major LevelBased on technical analysis, GBPUSD has blown through previous major support and a major demand zone in the market. It's currently on a macro-downtrend, continuing with lower highs and lower lows. Top down analysis has shown that this pair is just in a small retrace at the moment, retesting the broken levels while still maintaining structure. However, on the the smaller time frame uptrend, it has broken both its trend line and structure. Looking for a retest of the broken trend line and resistance level before it continues with a powerful push down to continue its macro-movement.
Short
by xXxD3LCOxXx