GBPJPY Analysis May 30, 2021

On the weekly timeframe we are making new highs but testing a serious level of resistance. We will look for price to potentially reverse from this level. https://www.tradingview.com/x/HleGKqvW/ On the H4 timeframe price is clearly making HH’s and HL’s. I will wait for a pullback before looking to continue to swing trade this long.

GBPJPY Analysis May 30, 2021

GBPJPY Analysis May 30, 2021

On the weekly timeframe we are making new highs but testing a serious level of resistance. We will look for price to potentially reverse from this level.

On the H4 timeframe price is clearly making HH’s and HL’s. I will wait for a pullback before looking to continue to swing trade this long.