GBP/JPY ANALYSIS

22 Nis 2022

Well I'm overall Bullish on this GBPJPY for there is still unfinished Business on the Buyside & The GBP Futures on a Monthly Chart are at deep Discount screaming for Higher Prices and Looking at the Monthly Chart on GBPJPY , I believe Price still has to Mitigate that Breaker Block with an Institutional Footprint [FVG] @ 176.000 or even tap into that Bearish Order Block @ 181.661 before a massive downfall... However there is a SMT on a Daily Chart amongst the correlated pairs , suggesting a Correction Phase after this massive Rally...