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DragunovFX

GBPJPY Pre-London Analysis (16th January 2023)

British Pound / Japanese Yen (FX:GBPJPY)  
DragunovFX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Candlestick Analysis Support and Resistance GBPJPY analysis breakdown tradeanalysis
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trendanalysis candlestick supportandresistance gbpjpy analysis breakdown tradeanalysis
Summary:

* HTF market structure is bearish
* LTF are forming bullish, we are also at a potential reversal on HTFs
* Looking for breakouts, buys have clean range to move up. sells only good below 156.150
* As always just reacting NOT predicting price, seeing what we will get closer to London Open and will just execute on my ideas.
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