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CallistoFX

GBPJPY Analysis (3rd May 2024)

Livre sterling / Yen japonais (FX:GBPJPY)  
CallistoFX  
FX:GBPJPY   Livre sterling / Yen japonais
Trend Analysis Chart Patterns Technical Indicators gj GBPJPY gjsignal gjanalysis gbpjpybuy gbpjpysell Forex signal analysis
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trendanalysis chartpattern indicator gj gbpjpy gjsignal gjanalysis gbpjpybuy gbpjpysell forex signal analysis
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GBPJPY Analysis

Currently on the 15 minute timeframe, price is still respecting the 15 minute bullish OB. If price decides to go bullish and break 192.555 with a body candle close, Longs are more likely to play out.
I would like to see retest of that level before continuing to look for buys.

On the flipside, if price breaks the 15 minute OB with a body candle close, i will be waiting for a retest to continue lower. Confirmations of 5 minute FVG and OB will be needed in order for me to take sells.
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