UnknownUnicorn7616259

GBPJPY ALL THE WAY DOWN 🇬🇧🇯🇵

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EIGHTCAP:GBPJPY   Британский фунт / Японская иена
Been on the look watching GJ for a while as the Yen been so weak fundamentally that its been a whole bullish trend for a long time now.

BOJ hopefully will be making some good turnouts to strengthen back Yen.

So as it goes, I will patiently be waiting for a break of trendline to activate a long sell caution, which I will wait to see price break below 164.65 to further wait a retest that’s being conservative and make a nice entry all the way down to 158.00.

Though I’m not expecting price to hold at that area as I will be expecting a breakout for further push down all the way to 151.00 or a little bit down to 149.00 to test the Monthly support.

But nonetheless, let’s see what the Bank of Japan has to do about the weak Yen so as to aid instigate this BIG SHORT!

The comment is always open to drop your bias as I will be here to reply. THANK YOU ❤️

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