GBPJPY 27.05.21 - H1

Thursday, May 27, 2021 12:55 PM

Gbpjpy has been ranging for a long time now and it has been creating lower highs which is a good sign for a potential breakout.

Look for an entry as price breaks 153.893, or enter as it breaks 153.984 for an early entry. Just understand that it’s a bit risky.

Price has to stay below 153.984 for it to continue going lower. Also the previous weekly candle is supporting a breaking breakout so just be on the lookout