overall gbpjpy is bullish and i belive that once gj retest the zone it will continue in a bullish trend.
ej is ranging under a key level (resistance) I believe we should see a break-retest and continue into the following daily key levels.
solid demand level, I highly believe that we could see a massive long.
long from the support line upon confirmation if it breaks and retest we could see more downside. but for now i will be looking for longs on cable.
broke ascending tend line respected previous support level and the support level became resistance I am looking to short to 43 as a massive swing.
I believe that we are in a major level that could decide direction. Based off past history with this pair, it seems to have respected the zone we are currently at. I believe that it will break this level to form a bearish trend back to the demand level. could be a trade to hold for weeks to months, but I am just including the idea for training purposes.
short to level 1 if this current level breaks next level is 125.8