GBPJPY from 28 to 3 july 2020

Our past week  gbpjpy analysis was correct we have predicted in our analysis that we will see a small rebount testing the resitace at SMA 200 at 133.54 then going down again  .

our new outlook at this stage is again a bullish movement  as we have detected harmonic gartley pattern on h1 and point D is completed at 132.04 so it may test the main pivot point at 134.00 if failed we will go back for deeper bearish levels of 129 and 128

if the pair succeed to cross it we will higher level of 136.00 and above

Wait for price action or trend break on lower time frames or h1

check the chart below




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