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British Pound / Japanese Yen

GBPJPY Daily

By Profound_Ambition
Updated
Price is back at a very critical resistance level (148.100) area. This zone has help since early 2016. GBP gaining a lot of strength & could potentially be gaining more.. This is a strong zone, but a potential rate hike for the pound is possibly soon, & can send this pair flying up to its next resistance area 151.650 area. Not rushing into anything with this pair at the moment but will be watching to see if we can get a potential break of this strong zone!
Note
held*
Note
wow 300 pips up way sooner then expected!
Chart PatternscriticalzoneForexGBPJPYHarmonic PatternspoundSupply ZoneTrend Analysisyen
Profound_Ambition

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