GBPJPY H4 - Long Signal
Taking a closer look at the GBPJPY on a more immediate timeframe, we observe compelling instances of price rejections on the H4 chart. The market is earnestly seeking support around the pivotal 185 level.
Notably, there are prominent wicks penetrating into a liquidity zone, presenting an intriguing opportunity for a potential surge towards the 187-190 range. The pair has been exhibiting elevated trading activity, particularly noteworthy among GBP*** pairs in recent sessions/weeks.
Notably, there are prominent wicks penetrating into a liquidity zone, presenting an intriguing opportunity for a potential surge towards the 187-190 range. The pair has been exhibiting elevated trading activity, particularly noteworthy among GBP*** pairs in recent sessions/weeks.
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