Good Morning Traders! Upon analyzing the 
GJ Daily time-frame, I quickly recognized a Pivot Level being tested. So, I crafted a bullish sentiment view for the Daily future price movements. If price manages to close above, I predict a continuation of the previous day bullish momentum. I've found a few potential target levels. First, I expect price to move towards the strong Weekly zone. If succession above that zone occurs, a move towards the 61% or 78% will be promising. Price has to close over the pivot in order for this analysis to be valid.
Comment your ideas on GBPJPY below!
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GJ Daily time-frame, I quickly recognized a Pivot Level being tested. So, I crafted a bullish sentiment view for the Daily future price movements. If price manages to close above, I predict a continuation of the previous day bullish momentum. I've found a few potential target levels. First, I expect price to move towards the strong Weekly zone. If succession above that zone occurs, a move towards the 61% or 78% will be promising. Price has to close over the pivot in order for this analysis to be valid. Comment your ideas on GBPJPY below!
All Likes & Comments are Appreciated
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.