Gbpjpy - finding support
Finding support here. Also have a head and shoulders, while breaking back above a major trendline. Expecting price to come up and close above support on the monthly, with a possibility of breaking previous highs. If so, then well see a pullback to the downside before making its larger impulsive move up.
Note
Higher high posted, so it should eventually lead to moves higher.Short here on the pullback to 133.5 region.
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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.