MinhDucPham

GBPJPY analysis for Week04

FX:GBPJPY   British Pound / Japanese Yen
Weekly: Weekly time frame is filled with choppy bullish candlesticks . We are still in a pretty clear bull trend. 155.00 was a target for my previous week. Now I would like to wait for the reaction of the pair around 155.00 once again.
Daily: On the daily time frame we created a higher high last week. 8EMA is crossed over. We could continue bouncing in the parallel channel or a huge break through the 155.00 could be considered as another scenario. Let wait and see!

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