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Forexinsightsuk
Feb 5, 2021 2:15 PM

WILL SHE MELT? Short

GBP/JPYOANDA

Description

Further to our analysis yesterday of GBP/JPY we are due to see a fall on the pair. Price yesterday was bullish therefore we didn't send the signal out to the group as there was not enough confirmation to see any bearish movement due to the british pound being so strong.
A day later and we believe we are ready to see that British pound drop to as low as 144.300 maybe even 143.800 (extended TP Zone).

we are entering at 144.850 or higher.
Comments
AlkalineFX
Lovely entry point
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