Kishore

GBPJPY ONCE RESISTANCE BREAKS NEW UP-TREND!!

Long
FX:GBPJPY   British Pound / Japanese Yen
24
MARKET ANALYSIS: The pair is now taking a support with a strong trend line, If the trend line holds on longer we can expect a new up trend. But we have resistance zone. If the market is able to break the resistance zone our new up trend will be confirmed and can expect a movement to the next possible target level near 151.00. So lets wait and see what the market does in the coming days. Cheers!

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.