kingkong_888

GBPJPY 21st September 2021 London Session

FX:GBPJPY   British Pound / Japanese Yen
Weekly/Daily: Bearish bias

4hr:

If we looked left, 149.5 is an area we've bounced off a couple of times. What we know is that we're in a bearish momentum but seem to be consolidating at this point of time.

1hr:

Seeing some retracement upwards currently. I would like to wait for a higher low formed on 1 hour before considering buys.

For sells, if we break back below 149.200. Make sense to at least scalp to 149.00.
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