AdamFx42

Daily Head and Shoulders for GbpJpy

Long
AdamFx42 Updated   
FX:GBPJPY   British Pound / Japanese Yen
2
GbpJpy is looking strong
A daily head and shoulders points to a move up
Buy above trendline support - as near to 159 - 160 as possible
TP is above previous highs around 164 - or let it ride to new daily highs above 170
SL is below DiNapoli 25x5 = 157.5

Gbp is stronger as likely 'no' vote to Brexit draws nearer
BOJ is pushing for a lower yen

gl all
Comment:
Got the pullback that was needed to go long - gl all
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