GBPJPY is trading in a long-term bullish trend.
Last week the price dropped to a key demand zone.
148.5 - 149.3 is a potential reversal area.
Once it was tested, the price bounced and broke a resistance line of an expanding wedge pattern on 4H.
Now I expect a bullish continuation to 152.35
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✅My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
Related publications
Disclaimer
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.