FX:GBPJPY   British Pound / Japanese Yen
Price rejected 141.15 with a double bottom. Bulls pushed strong from this area and price is in the gz of that downside push. Bears are targeting 140.75, 140 and even further to 139.5. If double bottom is respected and bulls can take out the trendline and the 143-143.50 area then target would be the psych level of 144 and beyond.
Comment:
Bottom was respected and trend broken. Targets of 143.5, 144.5 and 145 were smashed. if resistance is broken expect 146.
Comment:
bullish flag, look for upside after holding support
Comment:
perfect. broke to upside and held 146 as support. ultimately targeting 149.5 if 148 is broken and there a close above
Comment:
if no further push up then back to 146
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