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GBPJPY - Long Towards Resistance area.
British Pound / Japanese Yen
Long
GBPJPY - Long Towards Resistance area.
By RobBezerra
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May 6, 2020
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2
May 6, 2020
Hello Traders!!
Price is testing the bottom of a 2hour structure and it's showing Divergence on the MACD,
Price has the potential to reverse higher towards the resistance area.
We will be waiting for a break out of the descending trend line and will look for a 1hour bullish correction to confirm the upside move...
Good luck to you all.
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Chart Patterns
Forex
forexsignals
forextradingzones
GBPJPY
gbpjpylong
Technical Indicators
macdivergence
Trend Analysis
RobBezerra
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