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FxcInvesting

The GBPJPY is making nice daily triangle pattern..read more...

Long
British Pound / Japanese Yen (FX:GBPJPY)  
FxcInvesting  
FX:GBPJPY   British Pound / Japanese Yen
4
0
The GBPJPY is making nice daily triangle pattern, with a 5th wave inside the rising wedge (continuation pattern). RSI is nicely break out of the oversold level. We can expect an retest of that old strong trend line from the 24.2.2016. I looking for a long on the BRN support 130.000.
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Wish you a great trading week.
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