Potential buy on GBPJPY
Waiting for price to give us a third retest of this descending wedges trendline resistance and a breakout in order to take a buying position on GBPJPY. If price holds the 158.409 level as support we could see bullish price action as a rejection of this area in the past has led to big impulsive moves.
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.