GBPJPY is currently at the demand zone after a fall, a symmetrical triangle has been formed, a BART(Break and Retest) of a red trendline is highly likely as I'm counting on a pullback to around 162. the pair is trending below 200 EMA, the oscillator is currently in favour of a pullback. Waiting patiently once my conditions are met I will enter short.
Not an investment advice.
Not an investment advice.