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vf_investment
Mar 28, 2024 3:28 PM

GBP JPY in an uptrend Long

GBP/JPYOANDA

Description

Hi traders,
GBP JPY is obviously in an uptrend. I believe that the trend will continue to go up. A good entry is when the price reach the upsloping support and the exit for long when it reaches the upsloping resistance.

Invalidation of this trading idea would be if the price closes out of the upsloping channel.
Comments
TheFxAce
The way you lay out the potential for market growth is easy to follow and act on.
JoeChampion
in case of a BoJ intervention may break down!
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