Ketonian

Potential 300 Pip Playground Of Selling/Consolidation

FX:GBPJPY   British Pound / Japanese Yen
Overall GBP trend is LONG (Daily) before we rise up and shoot to the -27.00% fibb target (which also lines up with the 200 EMA) we have 100-300 pips potentially to fall. I believe this is where the market will trap traders before resuming long. Heavy Fundamental News coming out this week, trade safe!
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.