FX:GBPJPY   British Pound / Japanese Yen
Another setup on the radar!
We can see that the chart displayed shows similar confluence as that of GU. We need to apply ourselves and consider global sentiment when it comes to GJ. The perspective of this is that when GJ drops it suggest to me that gold will rise and tariffs will be issued come Sunday, though a story for another day. To keep it simple we have a Head & Shoulders play and also the daily reversal formation of a double Shooting Star reversal . I’d like to see price pop up into 143.250 to form a right shoulder then decline towards 141.500 for intraday targets of 170pips .
Let’s get it


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