As in my previous analysis, gbpjpy hit tp2 and now retraced to support area but strongly rejected and going to go up.
Okay, so saw nice rejection at the resistance line on daily chart. So now expecting a retracement to minor support line. Sell 41.60 Tp1 41.00 Tp2 40.50 Goodluck.
expected a retracement to support line then go all the way up to 140.
HELLO, so as we can see we have got nice rejection at the weekly support level , for now we are expecting retest to the support level and then go up. as in my idea, GBPJPY is possible to go to the monthly resistance area. it is possible as the monthly candle is still bullish.
CURRENTLY THE DOWNTREND IS IN OUR FAVOR. WAITING FOR THE REJECTION AND CONFIRMATION.