GBP/JPY - 19/10/2021
(H4) - GBP/JPY currently consolidating, I am expecting price to continue its bullish momentum up to 157.342. We will see how the candle closes for 06:00
(M15) - Strong bullish close into M15 resistance of 157.180 showing good signs of continuation up to 157.342 Usually when we consolidate like this on resistance we do usually see and explosion in price to the upside so lots of confluences lining up here. Unfortunately, the range isn't the best for entries so we may have to wait for the closure into H4 resistance.
(M15) - Strong bullish close into M15 resistance of 157.180 showing good signs of continuation up to 157.342 Usually when we consolidate like this on resistance we do usually see and explosion in price to the upside so lots of confluences lining up here. Unfortunately, the range isn't the best for entries so we may have to wait for the closure into H4 resistance.
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