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TTG_Tabron
Nov 9, 2020 5:24 AM

Potential GBPJPY Long Long

British Pound/Japanese YenFXCM

Description

Only entering Long if we reject the given region.

My personal view is GBP has been gaining contraction considering we are back in lockdown; purely because the DXY is a mess and the dollar is on its way back down to Daily Support @ 91.736. Causing GBP and EU buying. I would be surprised if the dollar created a double bottom from this region, but we can not cancel that out. Let's see what reaction we can get from here.

Comment

Lovely
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