ClearEdgeFX

GBPJPY - POSSIBLY BREAKING THROUGH RESISTANCE

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is slowly showing signs of breaking through the demand zone around the 185.00 key level. That said, it's not a clear break by any means, and given the steep angle of the ascending trendline we should expect the price to re-visit the blue zone and re-test the trendline . If buyers step in then we should see good opportunities to go long.
Oct 20

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