FX:GBPJPY   Livre sterling / Yen japonais
Please support this idea with a LIKE & FOLLOW if you find it useful.

On this pair price has shown a nice H4 uptrend but to be the trend is still bearish based on the daily chart.

Unless price break the Daily chart trend then I can still assume the trend bearish.

Price has come back to test a supply zone fro the second time so this zone is no longer fresh.

Price can go either way, bullish or bearish at this point but I am still bearish on this pair and will look cautiously to take a short position if I get the right price action.

COMMENT what you guys think!

THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.