GBP/JPY sending mixed signals.

2020-02-04 20:36:46

The GBP/JPY is in the spotlight today. This pair just recently bounced off a strong support at 141.000 and is showing the tendency to shoot to the 142.518 level soon and subsequently, the 143.000 psychological level. However, the GBP is under strong fundamental pressure and has a bearish cloud hovering over it. TBH, I can't say for sure what this pair would do next so I'll wait for a little while until a clearer direction unfolds. Trade safe people. #channelguide #channeltrader.