GBPJPY looking for previous highs

80
Pair: GBPJPY
Bias: Long
Technical analysis: After being rejected at around 144.000 on March 29th, price has being making higher highs and higher lows. It broke the 146.500 resistance to turn it into a support and after forming a triangle, price has broken it and retested in lower time frames.
Fundamental analysis: Risk is back on on stock markets weakening the JPY. Today's vote to block a "no-deal Brexit" might help push the GBP even higher.

Use appropriate risk management.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.