GBPJPY - Weekly Outlook - 2.13.24

Livre sterling / Yen japonais (FX:GBPJPY)

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FX:GBPJPY Livre sterling / Yen japonais

Looking for intraday buy signals on GBPJPY, be mindful fo the red folders, we could see rapid price drops that reverse and go higher.

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Commentaire:

Price is respecting 187.95. If today's close is ABOVE yesterday's low then 192 is next target.

We just got a measured move, at 187.95 (key level), bullish divergence and a manipulation candle during UK lunch break. see image below.

I'm observing for a buy entry at the moment, especially since all the big UK news is done for week

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