Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: On higher timeframe we are in a bearish market structure, that's why I look for shorts. Here I expect bearish price action as price rejected from bearish order block + institutional big figure 167.000. My target is liquidity below equal lows + imbalance.
Fundamental analysis: Tomorrow we have news on JPY, will be release Policy Rate and BOJ Press Conference, if the results are positive for JPY, this will support our move.
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‼️ This is my perspective on GBPJPY.
Technical analysis: On higher timeframe we are in a bearish market structure, that's why I look for shorts. Here I expect bearish price action as price rejected from bearish order block + institutional big figure 167.000. My target is liquidity below equal lows + imbalance.
Fundamental analysis: Tomorrow we have news on JPY, will be release Policy Rate and BOJ Press Conference, if the results are positive for JPY, this will support our move.
Like, comment and subscribe to be in touch with my content!
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Contact me for any questions.
