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GBPJPY short - Supply Demand

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#GBP/JPY# GBPJPY short - Supply Demand

Hello Traders!

On GBPJPY I see the price dropping to the downside. I was waiting for the daily candle. We did not get any Confirmation for buy opportunities. In fact we got a nice sell confirmation.
I expect that we are going to fall down to the daily Demand Zone .

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.

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On the weekly timeframe we are overall bearish . On the H4 timeframe we are overall very bearish and are targeting 132.000 as our next level. We will look for entry opportunities on the H1 timeframe to head lower
Some positive Brexit-related headlines provided an additional boost to the British pound, GBP will recover soon...
GBPJPY reached the light HFT buying pressure that is noted at 133.32 and below, and bounced there. The price reacted well and reversed soon after it entered the HFT buy zone.

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