DeGRAM

⚠️ GBPJPY consolidation to support and growth

Long
FOREXCOM:GBPJPY   British Pound / Japanese Yen
In March last year, the price broke through the resistance at 136.36.
Thus, the price returned to the growing channel (also -March).
During the movement in the channel, the price recently came to the resistance line 152.45.
This happened in mid-March.
The price was supported by a strong level.
From the moment it first touched the resistance, the price made two more touches of the support level.
Now it is just at the level of 149.89.
I expect the price to rise towards resistance.
The goal is 154.70.

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