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GBPJPY AT KEY HORIZONTAL STRUCTURE

British Pound / Japanese Yen (FX:GBPJPY)  
ProSignalsFx Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY structure pound poundsterling yen japaneseyen topdownanaylisis
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trendanalysis chartpattern indicator gbpjpy structure pound poundsterling yen japaneseyen topdownanaylisis
The pair has reached a massive horizontal structure on the daily timeframe, which can be seen below.

snapshot

The setup might give grounds for a long from within the structure, but a great deal of attention is to be paid to the price action within the supporting structure.

I will be monitoring the pair closely.

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Comment:
check out another gbp idea:
GBP/USD MULTI TIMEFRAME ANALYSIS
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