Long on GBP/JPY
Long on GBP/JPY. Oversold on RSI a lot of short selling. Expecting a bounce to the upside. Waiting for the price to hit the indicated level that is also supported by .236 fibbonci level and is also a previous support level. I dont think that it has enough momentum to break the line. Stop s at the previous lows and targets at previous ressistance level. Good luck
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.