This pair is currently down trending after the breakout of the trend on the 1D time frame. price may not take the exact path I have marked out however if it does touch the well tested zones and lines I have marked wait for a confirmation such as price action and trade accordingly, good luck :)
That looks like a decent shorting opportunity to me, with a down trending market on the 1D. Again I highlighted a key zone with resistance acting upon this pair multiple times on the 4H. I zoomed into the 1H to find it has been rallying up creating this triangle flag pattern. If it does not breakout before reaching the light blue box, I recon this will be a good...
I have highlighted an area of support and resistance found on this pair which has been held and retested a few times on the 4H chart. With many scenarios that could play out, execute the best possible trade I would look for a breakout at the support zone, a retest at the support zone then enter after a confirmation of price action you use ( bear engulfing candle,...
GBPJPY testing at a well tested support zone with a solid risk to reward