GBPJPY: The strongest long term buy opportunity.

FX_IDC:GBPJPY   British Pound / Japanese Yen
GBPJPY is on a strong pull back towards the 126.800 Support with even the 1W chart strongly bearish ( RSI = 31.857, MACD = -0.910, ADX = 34.619). However based on the 2007 - 2012 Bear Cycle, it appears that we are approaching the end of the current (2015 - 2020) Bear Cycle. MACD is also repeating that bottom sequence.

This is for us the most optimal long term Buy Opportunity and we are long again with 159.500 - 168.200 as our Target Zone.

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this is my overall markup for GJ
good long term view, but in the short run it seems the bear cycle has not ended. Check my daily trade
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