TradingView
uzzaam17
Jun 16, 2020 6:00 PM

GBPJPY SHORT CONTINUATION OUTLOOK Short

British Pound/Japanese YenFXCM

Description

After a sell-off seen today on GJ, I believe that another short opportunity may arise if we climb up to the range provided on the chart.
I believe price could retrace back to the 135.500-135.800 institutional levels, which lines up perfectLy with the 0.62-0.79 fibonacci retracement, as seen on the chart.

This could happen during the Asian session, and then potentially fall into yesterday's lows, during tomorrow's London/New York session.


-uzzaam17
More