GBPJPY has been in a significant uptrend after breaking the 200 ema. A new high has been formed on the 4H which formed an order block to reach before making new highs. Target 350 pips to the downside. The upside once we have reached 185.00 will be caused by jolts on the 30th which I’m swaying towards the idea of a strong gbp.
Trade safely
Trade safely
Trade closed: target reached:
adjusted take profit area to 184.900 - now switching too longs from here with BOE interest rate decision to make new highs.