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uriasbrown

GBP/JPY Buy opportunity

Long
British Pound / Japanese Yen (FX:GBPJPY)  
uriasbrown  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Fibonacci Trend Lines
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supportandresistance fibonacci trendline
I see multiple confluences to the upside.

1. Broke and retested trend line

2. Broke resistance and also retesting now support

3. Moving averages are crossed

4. H1 and 30min Fib are the same

5. Rejection off the 61.8 fib zone which is the same as support


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