GBP/JPY update
Update.
Price failed to break below the previous day's low causing it to become a strong level of support. Thus, price traced to the upside causing a bullish trend. I speculate that price will continue this uptrend. Also, waiting on a new higher low to form as a trade setup to enter on a buy trade.
Price failed to break below the previous day's low causing it to become a strong level of support. Thus, price traced to the upside causing a bullish trend. I speculate that price will continue this uptrend. Also, waiting on a new higher low to form as a trade setup to enter on a buy trade.
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.