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GBPJPY Analysis

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Forexplus_  
FX:GBPJPY   British Pound / Japanese Yen
Trend Lines Multiple Time Frame Analysis Pennant gbpjpyforecast gbpjpylong gbpjpyanalysis priceaction Technical Analysis open close high LOW
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trendline mtfa pennant gbpjpyforecast gbpjpylong gbpjpyanalysis priceaction technicalanalysis open close high low

GBPJPY FORECASTING

Getting a buy off this, price is rejecting the counter trendline on a third touch. Projection to the trendline above current price level.

www.tradingview.com/chart/Fqjw7Zrj/

Meanwhile, a confluence prints on the monthly with an inside bar rejection, will it print a fakeout? Or will the double top prevail in the long run?

snapshot

Weekly looking ambiguous, will the bullish harami hold out?

snapshot

Intraday longs can be taken at the break of our penant.

snapshot
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