RickDalebout1

2 minute daily review GBP / JPY 09-08-23

Short
FX:GBPJPY   British Pound / Japanese Yen
Good-morning guys,

Today another 2 minute daily market review.

my expectations for today are still the same as yesterday. I would like to see USD and YEN longs, while looking for some EU and GBP weakness.
We got some good news for this setup overnight, and that why I entered early in the morning.

The good news;
All Asia stock down which means that the outflow of stock is starting and the inflow into the YEN is beginning. This is something we saw few week ago with the USD and the S&P500.

Technicals aligned ✅

Let me know your thoughts below!
Cheers

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