GBPJPY Ichimoku Kinko Hyo Education Analysis

Education

British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

Trend Analysis

trendanalysis

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Looking at the Monthly Chart down to the H1 you can see that current price zone is showing strong bullish rejection due to a monthly resistance level.

I believe price will continue pushing up for a while to test resistance again before making a 50% correction with Fibonacci.

Monthly Chart

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Weekly Chart

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Daily Chart

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Hour Chart

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