British Pound / Japanese Yen
Long
Updated

GBPJPY ready to uptrend

GBPJPY has formed double bottom reversal chart pattern and now is forming a falling wedge pattern in order to continue uptrend.
Trading position will be Long, with SL below the previous swing low.
TP 1 : 131.50
Note
Stop loss at 128.00
Reverse to Sell at 128.00
TP possible 124.2

Disclaimer