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AlkalineFX

GBPJPY: Don't Forget the Liquidity

Long
British Pound / Japanese Yen (FX:GBPJPY)  
AlkalineFX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Technical Indicators GBPJPY gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast
1
0
trendanalysis waveanalysis indicator gbpjpy gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast
Although this pair is currently in a downtrend, you cannot dismiss the liquidity holding above the resistance.

I believe this move to be a lure for the FOMO sellers before we return to the highs.

I will be scaling in buys in the blue zone marked.

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