DeGRAM

GBPJPY change direction - grow

Long
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Two weeks ago, the price touched the intersection of two resistance lines and fell.
Then it dropped below the resistance zone and continued falling towards the support zone - the intersection of two strong lines.
The price bounced off this zone and started to grow.
But halfway to the resistance line, the price got into a small resistance zone.
I expect it to fall from this zone (back to the support line).
Then it will bounce off and begin a new stage of growth. The target is the resistance line.

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