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GBPJPY One pullback to give before strong rally.
British Pound / Japanese Yen
Long
GBPJPY One pullback to give before strong rally.
By TheCryptagon
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Oct 4, 2024
7
Oct 4, 2024
GBPJPY is trading inside a CHannel Up since May 2021.
Having a strong correction in July, the price has stabilized on a shorter term Channel Up.
A similar Channel Up was formed after the previous bottom in January - March 2023 and then the price rallied by +20%.
Expect a similar bullish wave. Buy and target 217.00.
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Chart Patterns
Forex
GBP
GBPJPY
Technical Indicators
jpy
Trend Analysis
TheCryptagon
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