GBPJPY Technicals

9 de ago. de 2020

Very similar to GBPUSD.
Double top on the daily chart as well as on H4.

We will look for a H4 breakout of the support, a retest and a continuation for the down side.
Of course we dont know what the fundamentals results will be.

During this time of covid, market might go against us.
So we dont know if the GBP will be strong or week.

But we anticipate a bearish run on GBPJPY after retest.
Of course we might continue to the upside in that case we will wait for a break out and retest on H4 to the upside.