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ShrewdCatfx

Buying into a Daily Supply Zone can be Risky / GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
ShrewdCatfx  
FX:GBPJPY   British Pound / Japanese Yen
Technical Indicators Chart Patterns Trend Analysis Forex forexmarket forextrading GBPJPY ideas multitimeframeanalysis gbpjpyshort
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We have a clean traffic range up to 157.7. However this is also a Daily Supply zone we are trading at and price can just suddenly reject any of these prices and take us into a range or bearish for the rest of the week . approaching this pair at the current time is difficult because it just raised interest rates (on GBP) but then also we have Putin/Ukraine Tensions sentiment in the markets. looking for a retest of prices 156.5 and 156.250 for a Runner Position
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