OANDA:GBPJPY   British Pound / Japanese Yen
Greetings Traders !


Our view of GBPJPY
Price broke out of prior months channel formation
Possible retest-of channel and if 137.700 holds
Expect higher highs to139.300 resistance zone and above

Otherwise, with economic fundamentals, brexit, stimulus, if chart respects bearish butterfly formation pattern, etc.

We could see a bearish move to 136.500 zone as our target. A break from there can bring 131 levels...
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Happy Trading
Stay safe!

The Trading Regime.




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