GBPJPY is trading in a long-term bullish trend.
Last week the price dropped to a key demand zone.
148.5 - 149.3 is a potential reversal area.
Once it was tested, the price bounced and broke a resistance line of an expanding wedge pattern on 4H.
Now I expect a bullish continuation to 152.35
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.