An opportunity and analysis on GBPJPY Long
BRITISH POUND / JAPANESE YENICE
Description
⋅ Another opportunity on GBPJPY. While we are waiting for GBPUSD to breakout of the range that it is currently in,
here we have a clear situation. We are in an uptrend on the higher timeframes and there could be a continuation.
There was an impulse upside move yesterday and a breakout above previous highs would be a good entry point.
We are expecting at least price reaching previous high and even a breakout in case of a strong move.