borneo3697

GBPJPY - Is the bullish trend starting to show up?

Long
borneo3697 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Is the bullish trend starting to show up?

Here are a few signs of reversal:

1. Price actions were rejected at the support level.
2. Bull candles were formed the past 2 weeks.
3. It breaks the nicely formed trendline.

Analysis:

It may come back to level 144 before the bull trend is formed on full force.

Do your own due diligence.
Trade closed: target reached:
Trend moved as expected.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.