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Trading_Zone_3773

GJ - Bullish flag pattern breakout

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Trading_Zone_3773  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis GBPJPY
2
0
trendanalysis gbpjpy
As you may know, JXY movement is related to xxxJPY price.
From H4 timeframe, we can see that JXY got breakout from strong support and below EMA 200 to downside. Meaning we only look for BUY xxxJPY only.

snapshot

For GJ, price just breakout from bullish flag pattern and above EMA200. Up trend is confirmed.
Let's look for BUY entry in smaller time frame
snapshot

GBPJPY GBPJPY GBPJPY
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