The GBPJPY is still bearish at the moment.
If the price will breakout the confirmation level it indicates
The price tends to reach the supply above, in that case, I’ll look
For a P”A setup of buy position, my target will be the supply above,
Which is also a great level of sell position, both are intraday position opportunity.
Our Tradingview Channel: https://uk.tradingview.com/chart/GBPJPY/dmajrFtN-Confirmation-Level-GBPJPY-25-07-18/