GBPUSD FORECAST

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GBPUSD FORECAST British Pound vs Japanese YenPEPPERSTONE:GBPJPYmathiaswilliamThere is an uptrend on the H4 trend. Price retraced from the H4 supply zone once forming CHoCH and further confirms the reversal to the downside by forming break of structure (BOS). Price is now currently retracing to the supply zone. We placed a sell order on the supply zone, targeting the H1 demand zone. We will wait and see 👀 how price reacts.