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TheTradersAvenue
Jul 26, 2022 9:33 AM

GBPJPY > Best Two Places for A Buy Entry! Long

GBP/JPYOANDA

Description

Analysis of #GBPJPY


Another requested pair from members and followers is to do an analysis on GBPJPY.

As you can see from my chart, the theGBPJPY still trading between its trendline support and trendline resistance, we can look for the market to drop to sites trendline support, and look for bullish confirmation before getting in a buy trade.

if the GBPJPY did not hold its trendline support, we can still look for a buy near the next structure support zone 160.50





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Comments
DominikVlasaty
Nice triangle! :)
Trader_OMS
BUT I think
DeGRAM
Thank you for sharing your analysis.
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