TheFinancialTRDR

GBPJPY - BUY OPPORTUNITY ARISING

Long
FX:GBPJPY   Livre sterling / Yen japonais
Hi traders.

Planning on longing GJ if it fails to break above the pink resistance level and also starts to fall back down, towards the green support trend line. If the blue support level holds, I will plan on placing a long trade for this pair.
If this support level does not hold, then I plan on placing a long from the next green support trend line drawn below.

This is just technical analysis . Do not follow this trade blindly!

If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from.

Please drop a follow! I need reputation points!!

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