elevatedinvestor

GBPJPY - Weekly Outlook - 2.13.24

elevatedinvestor Updated   
FX:GBPJPY   British Pound / Japanese Yen
Looking for intraday buy signals on GBPJPY, be mindful fo the red folders, we could see rapid price drops that reverse and go higher.

Hover over the pins for more info.
Comment:
Price is respecting 187.95. If today's close is ABOVE yesterday's low then 192 is next target.

We just got a measured move, at 187.95 (key level), bullish divergence and a manipulation candle during UK lunch break. see image below.

I'm observing for a buy entry at the moment, especially since all the big UK news is done for week


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