sagagenesis

GBPJPY currently consolidating

FX:GBPJPY   Livre sterling / Yen japonais
* NEW TRADER any tips or comments would be much appreciated!*
GJ is in a uptrend in the daily chart but is currently going through some consolidation on hourly. If it breaks the trend-line then I will be looking for a longer term sell, still have to see a pullback. If it hits the light blue mark, that could be a short opportunity for a buy(would set the take profit close to the resistance). Will have to keep up with the market to see where it's going.
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