Get started
Forex_League_Analysis

GBPJPY 30min Analysis March 4th, 2021

British Pound / Japanese Yen (OANDA:GBPJPY)  
Forex_League_Analysis  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis
6
0
trendanalysis
Trade Scenario 1: Bullish - For us to go long we want to see price retrace back to 149.600. We will then look to enter on strong bullish setups off this zone, first targeting 150.600.

Trade Scenario 2: Bearish - For us to go short we need to see price break below 149.500. We will then wait for a retrace and for 149.500 to flip as resistance.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.