zeerotrader

GBPJPY - Ascending Triangle

Long
FX:GBPJPY   British Pound / Japanese Yen
GJ is currently moving in an ascending triangle.

There seems to be a lot of anticipation in going long around 142 which is support by the upwards trend line & even the 200 SMA.

Will wait for price action & a confirmed hold at the above mentioned level.

Lets see how this plays out.

Good luck.

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