GBPJPY- Buy on dips (Bullish divergence)
CCI (50) has formed a bullish divergence and RSI(14) - oversold level (28). A minor pullback to 159.50/160 is possible.
It is good to buy on dips around 158.60-65 with SL around 158 for a TP of 160
It is good to buy on dips around 158.60-65 with SL around 158 for a TP of 160
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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.