FX:GBPJPY   British Pound / Japanese Yen
Currently in a decreasing volume market but nevertheless will still see if our edge is in play. On GJ we at a pinnacle support range where price used around this level 2 times during the year to create months of bullish price action. Waiting to see if we can use this 4H demand to the upside and wait for our recent supply to be taken. On the other hand if we see a break below this demand we will be seeing how far we drop and look for potential short scenarios.

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.