Are we ready for the GBPJPY move ?

Long

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

trendanalysis fakeouts priceactionanalysis gbpjpy containsimage

GJ's market structure has faced multiple consolidations in the previous month. I believe we could see a strong bullish momentum this week since we had multiple fakeouts, and high impact news this week.

Comment:

Analysis still in play

Comment:

Price action currently back in consolidation.

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