rhf_fx

GJ Analysis 29/09/2020

FX:GBPJPY   British Pound / Japanese Yen
We are currently trading in a 16 pip range. If we break resistance and form support on lower timeframes there are potential scalp longs to fill the wick and maybe even push through with Asian volume. The target would be a wickfill as there is a clean range to move up. I would advise caution with sells because the range below support is very messy, if you were to take a sell, you would need resistance to form as your confirmations for sells. Buys are preferred
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.