GBPJPY: Bullish Outlook After CPI 🇬🇧🇯🇵

Long

British Pound / Japanese Yen (OANDA:GBPJPY)

Updated

OANDA:GBPJPY British Pound / Japanese Yen

Parallel Channel Rectangle Wave Analysis GBPJPY swing swingtrading swingtrader swinganalysis Forex forecast swingsignals swingtradingsignals

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snapshot

GBPJPY violated a resistance line of a wide horizontal range on a daily yesterday.
The release of the CPI data increases a bullish pressure.

Chances are high that the growth will continue.
Next resistance - 188.28

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Comment:

Here is my updated analysis:

GBPJPY: Top-Down Analysis & Bullish Setup 🇬🇧🇯🇵

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