CollectCap

Long position for GBPJPY

Long
OANDA:GBPJPY   Livre sterling / Yen japonais
Based on my analysis I'm looking for price to move up into the 158.943 area. Setting stops below 157.800. GBPJPY has been having continuous bullish momentum. After price retested the previous high around 157.370 and came back above the low residing at 157.670, that was a good sign price was ready to continue upwards. With the current trend in place we should see some decent bullish movement if price taps above 158.200. Good Luck traders.
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