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GBPJPY: Classic Trend Following 🇬🇧🇯🇵

Long
Livre sterling / Yen japonais (OANDA:GBPJPY)  
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OANDA:GBPJPY   Livre sterling / Yen japonais
Candlestick Analysis Support and Resistance Supply and Demand GBPJPY pound yen japaneseyen jpy Forex forecast trading techincalanalysis
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candlestick supportandresistance supplyanddemand gbpjpy pound yen japaneseyen jpy forex forecast trading techincalanalysis
snapshot

GBPJPY remains very bullish from the beginning of the year.
After the last impulsive movement, the market retraced to a peculiar confluence zone.
I see a perfect match between 0.5 retracement of the last bullish leg and a horizontal structure support.

I will expect a pullback from that to 165.0 / 165.7

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