FX_Shepherd

GBPJPY is at KEY support, LOOKING for another bullish opportunit

Long
CURRENCYCOM:GBPJPY   British Pound / Japanese Yen
You can see here that GBPJPY is back along Key support. One of two things are going to happen and all we have to do is look left. Price right now is still in the sell zone (overall direction of trend) but we have a strong case to buy the market (we don't sell support and we don't buy resistance) based on past behavior. I am just going to sit here and be patient and wait for the market to move and then act. Let' keep trading simple.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.