ant_capital

GBPJPY 4h Analysis April 20th, 2021

Long
FX:GBPJPY   Livre sterling / Yen japonais
Our bias for this pair is bullish. It breaks the consolidation are where liquidation is sitting. So now we would patiently wait for the market to come to our potential entry. Where it's in the 1h OB (order block) where the market started to push to the upside with a big candle meaning a larger volume of buyers kicked in. We want to retest that area to target our 4h POI (point of interest) at 153.55

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