GBPJPY, a rebound play is in order.

GBPJPY, a fave of traders who value volatility recently corrected significantly to 181 range from the highs of 183.

Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days.

The pair is currently bouncing off a 0.5 FIB level, a major order block support.

Expect some attempt to reverse to the upside in the next coming days.

Spotted at 181.30

TAYOR.
Safeguard funds always.

Trade ist aktiv:

4H data update: Post surge update: moved as planned.

You can TP from here.

Trade ist aktiv:

184.7, this is has risen good.

Trade ist aktiv:

Another swing opportunity play has surfaced (long).

2h trend breakout -- targeting 187.0

TAYOR.

Trade ist aktiv:

Swing opportunity now active.