Had a setup on GBPJPY for shorts as you know I posted this roughly 12hrs ago, but was unable to participate in it due to a 50pip wick out. As the saying goes, we live and learn. only lesson learnt is that I can be way more precise with my timing...
2hrs update; As we confirmed from earlier the reversal has taken place.
GBPJPY Sells trend continuation towards the downside
Based on price action principles we suggest a reset of Friday's impulse to begin again throughout the week
Within the bear trend continuing in motion we can look and the pound to drop to lows of 1.20
Today's setup
