GBPJPY is currently sitting at 140.000 , a significant key area in the market and on the 1HR time frame we can see market forming a triangle pattern. Market now is squeezing more tighter and we can see a possible break to the up or downside.
For entries we have two different levels marked in pink area . We can get a possible entry on these levels with...
The 4-hour turning down with a bearish sequence against the 6/05/2020 highs at 139.74. The 1 hour is turning down against 134.69. While below there expect the pair to extend lower.