Gbpjpyprediction
GBPJPY LONG TRADE SETUP The daily is turning up against the 126.54 lows from 8/11/2019. The 4 hour right side is up from there. The hourly right side is down against the 144.97 highs. While above 8/11/2019 during the current pullback expect the pair continues higher again.
GBPJPY TRADE SETUPThe 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . The correction of the cycle lower from there ended at 144.60 & while below there another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again.
GBPJPY Signal of the day The 4 Hour is turning up against 126.50 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.81 a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again.
Shor term trade.
Sell GBPJPY
@143.10-25
target: 142.20-141.90
Stop loss: 143.60
Good Luck !
