GBP/JPY BUYs - BULLISH BIAS
With Price Action over the last few months showing price pushing to the downside but with continuos rejections to the upside.
Also noticing that with the current times at hand COVID news, results, deaths and investments into a vaccine have affecte dthe marketa great deal; in addition to the already Brexit.
So with the economy taking a number of terms there are a few insights that should push price back up int the zones of 140.000 - 142.000
But with 140.000 being price that was rejected before to continue the downward movement, so we would wait on a break to the upside before entering our buys to the 142.000.
Recemmended that partial profits be taken just avoid any news events negatively affecting trading.
Also noticing that with the current times at hand COVID news, results, deaths and investments into a vaccine have affecte dthe marketa great deal; in addition to the already Brexit.
So with the economy taking a number of terms there are a few insights that should push price back up int the zones of 140.000 - 142.000
But with 140.000 being price that was rejected before to continue the downward movement, so we would wait on a break to the upside before entering our buys to the 142.000.
Recemmended that partial profits be taken just avoid any news events negatively affecting trading.
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