Jal121

GBP/JPY - Clear Breaks to the Upside in line with HTF Analysis

Long
OANDA:GBPJPY   British Pound / Japanese Yen
On the daily we are in an ascending channel. Scale down and you'll find key levels on the 4hr. See how these key levels are being broken to the upside? This indicates bullish momentum in the markets and aligns with our longer term outlook on the pair.

The blue levels here are key levels in the market where price has gravitated to and bounced from more often than not.

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