GBPJPY BAT Pattern at Trending Channel

Long

British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

Following the new structure high, market is respecting these trend lines. On the daily we are pushing up to previous structure resistance so we want to be aware of this if market reaches that level when looking to buy this pair.

However, we have a little way to go yet and anyone looking to get long, well we have this bat pattern completion down at 171.68 looking for target 1 at 172.97 and target 2 at 173.74

Stops below X.

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