GBPJPY H1 ForecastGBPJPY H1 forecast Wait for marked zone if you want major move. Entry must be in LTF confirmation. Not recommend to enter blindly. Max SL :20 pips Good luck
GBP JPY (British Pound / Japanese Yen Spot)
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
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