Wahid_Elgohary

GBPJPY Long Idea (A+ Set Up)

Long
Wahid_Elgohary Updated   
FX:GBPJPY   British Pound / Japanese Yen
The pair has been falling like a rock for a while. Now is the time for the reversal.

The price is at a great significant level with Kumo confirming bullish breakout.

However, I would not enter now and wait for further confirmation through breaking out of the downward base trend line.
Comment:
The daily chart confirms the strong reversal expected.


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