GBP/JPY Bulls are Dominating

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

GBP/JPY is bullish. The price is above the D H5 and we should see a continuation to the upside.

Continuation of the bullish move should happen either after a retest of the W H4/ D H5 zone within 143.00-15 or a retracement down. The retracement should stop at the POC zone which is the 88.6 move of the last swing and the order block. 142.23-45. Targets are 143.70 and 144.00. Buying the dip is the preferred scenario.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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