British Pound / Japanese Yen
Long
Updated

GBPJPY Ascending Triangle?

130
Watchlist, we could see a nice setup here with good RR if this develops accordingly.
Note
Seasonality favors Yen Strenght.
We are in an important point where we could see a break below "e" that would hit all "e" longs stops.

Other scenario would be the one charted. Trade price action as it is king and keep open mind to get the opportunity that arises.

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.