GBPJPY Analysis UpdateWe forecasted GBPJPY, that we want it to
react from the Orderblock area. Also we projected price path where we wanted price to create a short term high than break it to reach the OB, and the market did what we expected.
Currently The Trade is Running 138+ Pips with 1:1.6+ RRR!!
GBPJPY
GBPJPY SMALL TF SETUPGbp Jpy is making a pullback to support and demand orderblock,marked in the purple box. A hold of this area can send GBPJPY to supply zone marked on charts. This setup has a good R/R and multiple confluences that it will play out. Please note: Do not risk more then 2% of capital on this trade.