AlkalineFX

GBPJPY: The Perfect Setup

Long
FX:GBPJPY   British Pound / Japanese Yen
Price is bound to purge the equal low liquidity before return to the trend line liquidity.

I have illustrated how price may react around these sensitive regions before setting off to the weekly highs.

Personally, I will be selling on the lower timeframes until the swing buy opportunity presents itself.

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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.

Thank you for reading,

Cheers to many pips!

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