AlkalineFX

GBPJPY: The Perfect Setup

Long
FX:GBPJPY   Livre sterling / Yen japonais
Price is bound to purge the equal low liquidity before return to the trend line liquidity.

I have illustrated how price may react around these sensitive regions before setting off to the weekly highs.

Personally, I will be selling on the lower timeframes until the swing buy opportunity presents itself.

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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.

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Cheers to many pips!

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