GBP/JPY - MY LONG LOST LOVE! 138.90, SEE YOU THERE.
Good afternoon peeps. An excellent result on the EUR/USD move!
It's been a few months now since I posted my views on the GBP/JPY, So here we are once again with a fresh piece of analysis that can hopefully assist with a profitable trade.
Today is the first day I have looked over the GBP/JPY in all honesty, & I have been on the move all week, up and down the country carrying out errands. First and foremost, I see that the weekly level of 137.50 has been spiked in quite a manner with the P.A sat above my critical area: 137.90.
I personally expect a move to the upside here guys with the target of 138.88... Following the order flow which has a high probability chance of manifesting over the next 36 hours.
Once the pair closes above 138.18 then I am convinced this is a high probability move. Remember we have GBP Date early tomorrow morning.
With a lot more going on in my mind, however, I am translating this piece in a clean and basic manner.