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Mihai_Iacob

GbpJpy- Trade the break

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Mihai_Iacob  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpybuy gbpjpyidea gbpjpydaily
31
17
trendanalysis chartpattern indicator gbpjpy gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpybuy gbpjpyidea gbpjpydaily
After reaching 156 high, GbpJpy started to drop.
The drop is corrective in nature and has stopped in 149-150 very strong support
At this moment the pair is trading around 153 resistance and a break here could lead to acceleration to the upside.
I'm looking to buy for 160 target
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