GJ Weekly breakdown
As we're entering the new trading week we can see on the weekly and daily timeframes that GBP/JPY has been supported very nicely in the 125-126 range. Zooming into the H4 and H1 charts we can see that we have a successful break of the downtrend and I would expect a rise from GBP over the coming days and will be looking for long positions.
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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.