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g2rafael
Jun 14, 2021 11:00 AM

GBP JPY 4H LOOKS LIKE 2 POSSIBILITIES BEFORE GBP NEWS 

British Pound/Japanese YenFXCM

Description

THE MARKET ON 4H DOES NOT LOOK CLEAR AT THE MOMENT WITH 2 POSSIBILITIES.

ONE CAN BE MORE UPSIDE AND THEN SHARP FALL AND 2ND SCENARIO IS TO MOVE DOWN IN A CHOPPY STRUCTURE.

iT WILL DEPEND ON HOW THE GBP NEWS TODAY AND TOMORROW AFTER BAILEY'S SPEECH PLAY OUT FROM MARKET MAKERS.

ONLY INTENTED FOR EDUCATIONAL PUPROSES.
Comments
Dream-FX
M, W, D, H4 is bullish. News will be bad for USD. Sending the pound higher. 156 then to 157.. 160 is a target this summer. Be careful
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