Weekly outlook 12 - 16 june - GBPJPY

Strongly aligned with my USDJPY and GBPUSD analysis, execting a spike up of GBP to the small channel's shoulder, and a continuation lower to support. We are in a very major bear trend channel, we hit the upper shoulder already.

At minimum, we are in a range, but I expect a break even lower.

Of course, wait for proper triggers, this is just an outlook

Good luck all

Kommentar:

Kommentar:

Breakout. Switching to long. We might even break the bigger TF range with this much power