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GBP/JPY REVERSAL !

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Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.


GBP/JPY, as we clearly see price is overall bullish from a short-term perspective

However, price is now approaching a strong resistance zone from daily time frame

So, for the bears to take over we need a break below then major swing low and invalidating the trendline

Then we will be speculating a new bearish movement on GBP/JPY

Unless as usual bulls managed to break above the resistance then this scenario will be no longer valid

And as usual follow your trading plan and manage your risk.

Don't forget to support with like and follow if you like the content

Be patient and good luck!

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