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British Pound / Japanese Yen

Possible Set-Up for GBPJPY

By Rayyan_2805
Updated
Possible set up for GPJPY. I'm seeing a good trend line channel and seeing price move above the. 200 and 50 EMA giving a long bias for now. Price looks like its moving towards a strong resistance zone and I am going to wait until it has reached this zone in order to place a trade. If price breaks zone then I will enter a long if it is rejected then I will enter a short.
Note
**IN PROFIT, ON OUR WAY UP**
Chart PatternsGBPJPYgbpjpyanalysisTechnical IndicatorssignalsTechnical AnalysisTrend Analysis
Rayyan_2805
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