GBPJPY > May See More Upside from Here!?

Analysis on #GBPJPY

the GBPJPY remains in this channel trading between support and resistance trend lines and for now, we can expect this behavior to continue.

Right now the market trying to close above 155.00, with no conviction from buyers the market will not be able to go higher from here.


>> if the GBPJPY continues up to above 155.20- then the market will have a bigger chance to go even higher to

>> if the GBPJPY breaks and closes below its trend line support, then this idea is not valid anymore.


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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational

Trade closed: target reached