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ThinkingAntsOk

GBP/JPY Bullish Strenght by ThinkingAntsOk

Long
British Pound / Japanese Yen (FX:GBPJPY)  
ThinkingAntsOk  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP jpy GBPJPY LONG Bullish Patterns analysis setup pound USD
19
4
trendanalysis supportandresistance mtfa gbp jpy gbpjpy long bullish analysis setup pound usd
🔸 4H CHART EXPLANATION:
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🔸 Price has been consolidating, and has also broken the Descending Trendline.
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🔸 After the trendline breakout, it did a clear ABC corrective move, pullbacking to the Support Zone.
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🔸 A Head and Shoulders Pattern can be observed also.
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🔸 It has potential to reach the Resistance Zone.

🔸DAILY CHART ANALYSIS:

snapshot

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