The downchannel was broken to upside which indicates a bullish flag with ABCD extensions possibiy taking the GBPJPY north if structure support around 180.20 is broken.
Invalid if we come below FIB extension 38.2 of the upmove, so SL around 179.40 advised.
Invalid if we come below FIB extension 38.2 of the upmove, so SL around 179.40 advised.
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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.