FX:GBPJPY   British Pound / Japanese Yen
Based on Fridays Analysis, We conferred that the overall outlook of GJ had turned Bearish. It looks like the the first 2 Weeks of the Monthly Candle tried and created a top wick and we did come down pretty hard on Friday moving around 75 Pips to the bearish side. As we now enter the third week, we will come back up to create a top wick on the weekly and should then continue moving down on the smaller timeframes to 149 Levels.


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.