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JasonFosterII

GBPJPY Detailed 1H Analysis June 16-25th

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
JasonFosterII  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis GBPJPY gbpjpylong swingtrading Bullish Flag Daily Charts weeklyanalysis detailed fundamental-analysis Technical Analysis
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trendanalysis chartpattern fundamental gbpjpy gbpjpylong swingtrading bullishflag daily weeklyanalysis detailed fundamental-analysis technicalanalysis
Daily Bullish Flag has been established. See related link. The details of the flag pattern right now is price started making higher lows while continuously making lower highs. Therefore price is respecting support trend line and 200 Bollinger band has squeezed indicating a breakout will occur soon. Being that there is major news next week on the 23rd and 24th price should breakout of flag for major impulsive move to continue up trend. Expecting price to make a swift movement to 156.600 upon breakout. Strong Possibility of continuation to 157.900. These levels are Daily support/resistance levels I have marked through out price history.

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