GBP/JPY confirmation based opportunity

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

trendanalysis supportandresistance trendline gbpjpy thatlazytrader technicalanalysis

All info in chart

Comment:

Price broke 1h 50ema (redline) to the upside. Now we gotta wait for price to come back down to retest the redline and see rejection towards the upside for a great long opportunity.

Comment:

Or retest the 38.2% fib zone and get rejected to the upside.

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