GBPJPY analysis

10 mai 2022

despise the pair looking short term bearish in higher frames it's still bullish , price have been rejecting 160 zone since two months now so i expect it to start pumping and to break the short term bearish structure in next days .

so it is likely to see a pump to 162 levels and it breaks , price will keep rising to our second zone at 164 than to our third and final zone at 168.

i'll only turn to bearish bias if price breaks down 159.16

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12 mai 2022

Note

we had a decent pump of 150 pips before the break of the level and a fall of 330 pips .
as i mentioned the bullish continuation is depending on the hold of the level of 160..