GBPJPY looks like it wants to make another Higer High at around 200.150-200.200
However to find a good entry we need to wait for mondays opening so we can decide if the recent 1h buyzone will hold or wipe if it does iam looking for a long at the last valid 4h buy zone wich is a minor one.
It is also possible that we go bearish and drop to the deeper buy zone and the continue to the upside with a lot more liquidity.
Thats what i can see at the moment.
Have a nice weekend.
However to find a good entry we need to wait for mondays opening so we can decide if the recent 1h buyzone will hold or wipe if it does iam looking for a long at the last valid 4h buy zone wich is a minor one.
It is also possible that we go bearish and drop to the deeper buy zone and the continue to the upside with a lot more liquidity.
Thats what i can see at the moment.
Have a nice weekend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.