newcapitalfx

Institutional Demand: GBP/JPY Long

Panjang
OANDA:GBPJPY   Paun British / Yen Jepun
Hey guys,

Max here with another chart, being the GBP against the JPY. Price is looking a bit bullish for this one, I am expecting price to fly from this area of value. A very similar setup as the other ones I've shared here
at Tradingview recently, the reason for that is because we're using the same strategy for a lot of pairs. True consistency comes from viewing the markets at one particular way, and repeat that approach every time with a good risk to reward per bias.

Let's see if this one goes as nicely as the other pairs so far.

Kind regards,
Max Nieveld

Penafian

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