traderpulse

GBP/JPY Technical analysis

Long
FX:GBPJPY   British Pound / Japanese Yen
GBP/JPY has broken its bearish trend line . The price action has also created a higher low.
The price action indicates that it will move towards the next resistance placed at 148.092.
If it makes a bullish crossover above the resistance,then we can expect the price to move towards the major resistance of 149.967.
Trade closed: target reached: weekly target achieved