Simple set up alongside the gain the USD is going to see with the FED rate hikes
Technically looking at GJ we saw an aggressive push up over the past week. With an increase in interest rates and further expected hikes, I expect a pullback before another strong pound rally.
Just following on from the previous analysis we can see a good push to the upside including interest hike to help
Long term we are looking at a stronger pound but I believe we can have this short term pullback to 152.4 and possibly even 148 before shooting off.
SIGNAL follow if you'd like based off of analysis Overall downwards trend 1H TF plus fibonacci retracement level on 4H