GBPJPY Trade Setup

GBPJPY Trade Setup

21 January 2020, 09:40
Lalit Matta
0
36
The 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.79 where the hourly is turning up a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again.
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