Hello all,
GBPJPY has been bullish since the beginning of 2020. Recently the price has
broken out of the bullish AAD pattern. Currently the price is consolidating in
a bull flag in 4H time frame. Also, it is highly likely that the rise will begin from
the 38.2% level of the Fibonacci retracement. Thus there are good odds for
entering the bullish continuation.
Disclaimer: Any risk related to trading this pair is solely on you. Please, think thoroughly when making trading decisions. Cheers!
GBPJPY has been bullish since the beginning of 2020. Recently the price has
broken out of the bullish AAD pattern. Currently the price is consolidating in
a bull flag in 4H time frame. Also, it is highly likely that the rise will begin from
the 38.2% level of the Fibonacci retracement. Thus there are good odds for
entering the bullish continuation.
Disclaimer: Any risk related to trading this pair is solely on you. Please, think thoroughly when making trading decisions. Cheers!