GBPJPY: Opportunity again??

Yesterday hit 100pips profit!!
Today may continue target another 100-200pips profit!!

Risk-off still remain!!
As long as today UK CPI y/y below than expectation, it will further support downtrend.

Yorum:

CPI seem equal which may make it rally short-term + short covering rally by today.
Thus, it may be rally 1st, before drop down.

Attention for Trump new funding policy sign which may cause market turn to risk-on

Yorum:

There is Pinbar Engulfing for previous H4 candle
Await current H4 candle close lower than previous - bearish.

If so, high chance for the price going down further, based on price action.

İşlem elle kapatılmış:

Risk sentiment mixed
Close trade