GBPJPY BULLISH VEIW
DISCLAIMER: The info provided below is just my personal view trade at your own risk.
FUNDERMENTAL
The Japan pm changed the market view by saying that the yen is not expected to hike rates hence the decline of the yen this week Wednesday
TECHNICAL
The GJ has been quite bullish over from a HTF view with Wednesday and Thursday giving us a pullback.
The previous weeks low has been swept and since we are bullish the next DOL is the previous weeks high
The weekly volume activity (accumulation) is on point with the NFP data
FUNDERMENTAL
The Japan pm changed the market view by saying that the yen is not expected to hike rates hence the decline of the yen this week Wednesday
TECHNICAL
The GJ has been quite bullish over from a HTF view with Wednesday and Thursday giving us a pullback.
The previous weeks low has been swept and since we are bullish the next DOL is the previous weeks high
The weekly volume activity (accumulation) is on point with the NFP data
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