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WohlstandMarketsLimited

GBPJPY - BULLS ON

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
WohlstandMarketsLimited  
OANDA:GBPJPY   British Pound / Japanese Yen
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After completion of the Head and Shoulder pattern, the counter GBPJPY is experiencing a double bottom. A Double bottom is a strong chart pattern for a bullish trend. Today the counter broke out the peak price (136.00) of the double bottom and started moving upwards therefore long is more preferable for this counter.
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