GBPJPY - Ascending channel
GBPJPY is looking bullish for this coming week. Will be looking for a trend continuation as price has been forming higher highs and higher lows within this ascending channels. Price has come and re-tested a key support zone and looks to have bounced away and could be heading towards the resistance zone. I will wait and see how price reacts once it touches our zone and will be looking for a strong break and re-test of the zone before hoping in a long position.
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