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GBPJPY- Buy in dips (Falling wedge break out)
British Pound / Japanese Yen
Long
GBPJPY- Buy in dips (Falling wedge break out)
By FxWirePro
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Sep 22, 2022
2
Sep 22, 2022
GBPJPY gained more than 200 pips on the weak yen. The yen hits a fresh 20- year low against US d dollar on policy divergence between US Fed and BOJ.
It is good to buy on dips around 164 with SL around 163 for TP of 166.30
Chart Patterns
Trend Analysis
Wedge
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