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GBPJPY - Consolidation or uptrend? That is the question ...

British Pound / Japanese Yen (OANDA:GBPJPY)  
daadbin  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance priceaction priceactionanalysis priceactiontrading priceactionstrategy
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trendanalysis supportandresistance priceaction priceactionanalysis priceactiontrading priceactionstrategy
As you see we have a consolidation in 4H timeframe witch broken and may let the price go higher, if the first 4h candle closes above the specified zone, we can expect a uptrend and taking buy positions in structure levels,
but if it rejected by this zone, we'll take short positions in lower timeframes.

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GBPJPY - 5M - 20:39
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