British Pound / Japanese Yen
Long
Updated

GBPJPY Long Analysis

123
After the close of the daily candlestick, the market closed bullish. We are going with the trend to our level @ 151.515. At the moment we expect a push/break above 150.670 for a buystop.
A better view on the hourly

snapshot

The daily bullish belt.

snapshot

Remember, the market follows the path of least resistance.
Note
The hourly trade ran against us.

snapshot

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