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grahamite

High Timeframe outlook on GBPJPY

Long
British Pound / Japanese Yen (FX:GBPJPY)  
grahamite  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis GBPJPY gbpjpyanalysis gbpjpylong gbpjpysetup
8
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trendanalysis chartpattern fundamental gbpjpy gbpjpyanalysis gbpjpylong gbpjpysetup
First of all noticing bullish divergence on the RSI, despite making a lower low causing the bullish Divergence + with the HTF Resitance being quite far away at almost 148 Yen.

Additionally adding a second infection wave on the asian continent causing weakness in the japanese markets.
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