Mon, Jun 21, 2021 @ 22:49 GMT
HomeContributorsTechnical AnalysisGBP/JPY Higher Lows In Progress As The Price Is Slightly Bullish

GBP/JPY Higher Lows In Progress As The Price Is Slightly Bullish

The GBP/JPY has formed a bullish pattern configuration and we might expect a breakout above the previous high.

The POC zone 153.60-70 might spike the price up as it is a POC zone. We can also post a trend line which is adding to the confluence. If we see a bounce that the next target is 154.40 followed by 154.80. If the price breaks 153.40 to the downside then bears will be stronger and the next target is 152.76 followed by 152.34.

Elite CurrenSeahttps://www.elitecurrensea.com/
Elite CurrenSea Accessible Forex Trading Systems & Education With over 30 years of combined trading experience, we design, test, and provide successful Forex, CFDs & Crypto trading systems and solutions for retail and institutional traders alike.

Featured Analysis

Learn Forex Trading