GBP/JPY is approaching a strong support level between 148.50-149.30. So, there could be recovery from this level.
Currently, price is stabilizing in the support area .
So, if we see some bullish price action in the support area , then a buy between 148.50-149.30 with SL below 148 and TP at 152 is a possible buy signal.
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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.