British Pound / Japanese Yen
Long
Updated

GBP/JPY Technical analysis

165
From our analysis, it seems the pair break outs from the bearish channel & bollinger lower band awaits to reach the target @145.797 0.318 retracement & the price can reach the 0.618 level @147.447 until if the price would holding above 0.318 retracement support. so it is expected to go up reaching the targets
Note
First Target reached
Trade closed: target reached

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.