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GBPJPY Long Trade

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
BayonetMarkets  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY higherhigh GBP yen Bullish Patterns
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trendanalysis chartpattern gbpjpy higherhigh gbp yen bullish
GBPJPY has been printing higher highs, and we are currently entering a pull back.
Based on the daily time frame, we are above the 50% retracement level, which could now act support.
We also have the 2hr support line, and we are trading above the cloud.
Next targets are at the fib retracement points.
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