Yassine
Long

GBPJPY Buy the breakout.

FX:GBPJPY   British Pound/Japanese Yen
80 0 2
GBPJPY             is done going down according to the monthly and the daily charts .

On the monthly TF, we reached a resistance area

GBPJPY 1M Resistance Reached Fib Extension To 244.652

and on the daily TF, we reached the low of the broadening wedge

GBPJPY 1D Broadening Wedge Descending

All this tells us we should be looking to go long on the pair, so we look to the 4hour TF and find an entry point: the breakout of the descending wedge .

Always trade safe.
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