GBPJPY Bias for the next couple of days

18 במאי 2023

GBPJPY is still bullish on the daiyly timeframe according to Market structure having not broken previous higher lows. On the H4 timeframe one can identify that we have broken structure towards the downside indicating a potential sell on the H1 timeframe. Price is currently in a supply. Waiting for the BOS on lower timeframes to confirm my entry and then we are in the markets. Let's see how this trade turns out