GBPJPY: Huuuge Pattern! Do You See It? 🇬🇧🇯🇵

Long

British Pound / Japanese Yen (OANDA:GBPJPY)

OANDA:GBPJPY British Pound / Japanese Yen

Cup And Handle Candlestick Analysis Elliott Wave GBPJPY pound yen japaneseyen jpy GBP trader fxtrading fxtrader

cupandhandle candlestick elliottwaves gbpjpy pound yen japaneseyen jpy gbp trader fxtrading fxtrader

snapshot

GBPJPY formed a huge cup & handle pattern formation.
The market is currently testing its neckline.

If the price breaks and closes above that, it will initiate a bullish continuation.
Next goal for buyers will be 174.7

In order to confirm a breakout, we will need a daily candle close above.

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