Hi Folks:
Here's my view on this pair. We are currently trading inside a descending channel that could lead to a target of 152.
If you look at the big picture you will see that this inner channel is trading inside a long term ascending channel and we are approaching a strong support trendline.
Cheers.
GBPJPY
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Here's my view on this pair. We are currently trading inside a descending channel that could lead to a target of 152.
If you look at the big picture you will see that this inner channel is trading inside a long term ascending channel and we are approaching a strong support trendline.
Cheers.
GBPJPY-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
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.
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.