Long sentiment on GBP/JPY

We've seen exhaustion with sterling pairs across the board after an impulsive move. Could expect a minor pullback after the upwards break higher. Small timeframe opportunities lining up with technical indicators to back up the bullish sentiment. Lined up nicely with the EMAs on the H1 and H4, with the break retest of the local high acting as a support now.

Trade geschlossen: Stop wurde erreicht:

Unfortunately price action was a bit too choppy and saw the liquidity flow to the downside and hit our stops! Awaiting for the next opportunity.