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British Pound / Japanese Yen
Long
Updated

GBPJPY Pullback to Prior Support

211
Overall bullish on this pair but expecting a medium-term move back down to prior daily resistance area, now turned support.
Note
Nice reaction to short zone
Note
Price has now moved to target zone snapshot
Note
Price has pulled back to descending trendline. Watch for a breakout or a rejection at current level.
snapshot
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Price looks to have broken descending trendline
snapshot
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Price back at support area
snapshot
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Going according to plan
snapshot
FX_General
Also on:
Supply and DemandSupport and ResistanceTrend Lines

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Supply and DemandSupport and ResistanceTrend Lines
FX_General
Also on:

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.