Auf geht's
CJ_GOLDPIPS

GBPJPY POTENTIAL FORECAST|TUESDAY|27/12/2022

Short
Britisches Pfund / Japanischer Yen (FX:GBPJPY)  
CJ_GOLDPIPS  
FX:GBPJPY   Britisches Pfund / Japanischer Yen
Trend Analysis Chart Patterns Fundamental Analysis gj gjshort GBPJPY yen fundamental-analysis Bullish Trend Line
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trendanalysis chartpattern fundamental gj gjshort gbpjpy yen fundamental-analysis bullishtrendline
GBPJPY is currently in a nice bullish market structure. I personally am expecting this bullish structure to break as GBPJPY is very bearish fundamentally due to the sudden change in monetary policy in the yen and the weakening economic standpoint of the pound. GJ on the higher timeframe is in a minor retest to head down lower. We are currently seeing some form of exhaustion in bullish momentum and a roll over to retest the lows again is very likely. Will be looking out for a few confluences as marked in my charts for short. Take profits has been given and marked above.
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