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IndependenTradingFX
Mar 21, 2020 6:17 PM

GBPJPY - BUY OPPORTUNITY. Long

FX:GBPJPY1W
British Pound/Japanese YenFXCM

Description

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Rejection from descending trend line channel and strong support.
We should see price test support level of the descending channel before breaking it.

Wait for confirmation on a lower timeframe.
Trend AnalysisHarmonic PatternsChart PatternsGBPjpyGBPJPYbuyLONGopportunityanalysis
Comments
FXCM
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Good call on the bounce! We agree with your view and are currently still bullish on this pair as well!

Check out our analysis below?
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