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Gentlem4n
Nov 5, 2021 3:24 PM

GBPJPY: Long Term Rally Seems Started? 

BRITISH POUND / JAPANESE YENICE

Description

Long time after its' inception, GBPJPY seems like finally trying to stand up. It won't be easy to break decades long Bearish Bias. But we will start to see stong bulls gathering in the upcoming weeks, months...
And considering JPY is a safe-haven, think about the inflation awaiting us :)

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MISCALCULATED (Logarithmic Chart with Regular Fibonacci)
CANCEL.
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