GBP/JPY directional idea of the start of second week of February!
I see a obvious break of trend since the end of January, and for me its aiming to go down to levels of early December 2019.
My idea is to short on small pullbacks when market opens with a stop loss around the 142.000 area and targeting levels 141.100 and if break of 141.000 happens will probably drop until 140.300 area.
Market might be slow Monday morning during EUR session but will definetly some signs of direction getting close to 12.00GMT
I see a obvious break of trend since the end of January, and for me its aiming to go down to levels of early December 2019.
My idea is to short on small pullbacks when market opens with a stop loss around the 142.000 area and targeting levels 141.100 and if break of 141.000 happens will probably drop until 140.300 area.
Market might be slow Monday morning during EUR session but will definetly some signs of direction getting close to 12.00GMT