GBP/JPY Two Buying Opportunities!
We are in a period of consolidation for this pair.
I would expect a retracement towards one of the supports labelled on my graph before we make another push to the upside, towards the resistance at 135.785. Hence there could be two buying opportunities for this pair with good R:R, depending on which support we bounce from.
Let me know what you think!
I would expect a retracement towards one of the supports labelled on my graph before we make another push to the upside, towards the resistance at 135.785. Hence there could be two buying opportunities for this pair with good R:R, depending on which support we bounce from.
Let me know what you think!
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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.