FxArena

#GBPJPY in short term buyers territory with fakeouts

Long
FX:GBPJPY   Sterlina / Yen giapponese
according to the current market analysis GBPJPY might be up this level. by comparing 5 minutes and 15 minutes time frames we can see still the market is in buyers area and when we switch into 5 minutes time frame the support line broke through couple of times but it came back to the buyers area again which means those are all fakeouts. so this means probably market buyers are still in control
take a look at the below 5 minutes picture

By the way market went up move while I typing this post haha ha :D


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