British Pound / Japanese YenUpdated GBPJPY
Price action moving towards the MA and top of the faux channel
If the price breaks above 200 MA with strength - bull
If the price bounces off MA and confirms the channel - bear
If the price breaks above 200 MA with strength - bull
If the price bounces off MA and confirms the channel - bear
Trade active
seems as though we are bullish
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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.