GBPJPY Top-Down Analysis

2020年6月7日

on DAILY: GBPJPY is sitting around a strong resistance in green so we will be looking for objective sell setups on lower timeframes.

on M30: GBPJPY is trading inside a red channel (not valid yet) so we are waiting for a third swing to form around it for it to be objective and then enter on its break downward.

we also have a regular bearish divergence adding more confluence to our sell setup.

as usual, GBPJPY would be overall bullish until our sell setup is activated.