GBPJPY UPDATE

13 באוג׳ 2022

Frankfurt session open created equal highs without grabbing liquidity to induce short sellers. Further proving more that this is a bullish uptrend long term. London and New York pushed the market down to previous respected order blocks and mitigation points, and held structure for the 4th valid retest, respecting the level on all time frames. We can expect a very big bullish move at market open next week.