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GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS

British Pound / Japanese Yen (FX:GBPJPY)  
benny_marshall  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Fundamental Analysis GBPJPY gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpytrade gbpjpydaily gbpjpysignal gbpjpyidea
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trendanalysis indicator fundamental gbpjpy gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpytrade gbpjpydaily gbpjpysignal gbpjpyidea
Currently, GBPJPY is going down a bit due to MARKET RISK OFF. We expect GBPJPY to go UP again.

Anyway, that PRICE can fall on the SUPPORT LINE on the GBPJPY chart again. After that the MARKET can go UPSIDE. You can definitely buy at the GBPJPY 168.69 level. For that, MARKET RISK should be ON.

But we can sell GBPJPY up to 158.60 LEVEL according to the STRUCTURE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK OFF in the coming days. We must pay attention to MARKET SENTIMENT.
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