I would BUY
GBPJPY 1H Technical analysis
Right now we can see that this pair is in the uptrend. But for a while it is moving sideways. Still it didn't break out of this channel, so i expect some moves up.
But before that we need to break this resistance zone.
So when price breaks it and closes above it , there is possible Buy untill next resistance zone.
I think there could be 2 TP's for now.
Right now we can see that this pair is in the uptrend. But for a while it is moving sideways. Still it didn't break out of this channel, so i expect some moves up.
But before that we need to break this resistance zone.
So when price breaks it and closes above it , there is possible Buy untill next resistance zone.
I think there could be 2 TP's for now.
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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.