GBPJPY – May 1st Outlook

47
During the Asian session, GBPJPY finally broke out of the bullish wedge we highlighted yesterday and is now breaching the key 192.000 buy level.

We’re watching for a break + retest/continuation setup here on the lower timeframes. A clean confirmation opens the move toward 193.000 — a solid 100 pip range before reassessing.

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.