GBPJPY has bounced from horizontal level and moving upside. We are expecting it will make a new high and rising trendline will give a good support to it. Alternatively, breaking the horizontal level and rising trendline will bring bears into the party. Trade your levels accordingly
Yes, once 155.500 (bank level) was broken, that was a sure-fire indicator that price will go higher. There's relative equal highs sitting around 157.770. I am looking for price to take out those highs and reach for the 160 level. There's a FVG resting above it as well.
Michael_Winner
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High quality gbp stuffs, keep on the good work!
YMGroup
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Good idea, agree! Thank you
AtlasTrades
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nice one ...I agree with this your support area on GBP chart, thanks