Hight possible buy for the GBP/JPY

2 Okt 2021

Looking at both the technicals and the fundamental point of view, there is a strong confluence that the cable is going to buy to the yen.....Already considering the market sentiment the market has already started pricing in the buy....i see the market breaking the triangle formation and it will be heading straight for the 156 target before making a big move to the 160 and 200 price levels.