Bintang

GBPJPY bullish but extended

Short
FX:GBPJPY   British Pound / Japanese Yen
The current rally in GBPJPY looks over extended and we could see a move back to the 100 HR MA on a failure to hold above 135.20 area - longer term this is still bullish with 140.00, on break above 136.00, possible in a pair that once it motors can really move

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.