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JasonFosterII

GBPJPY Trend Analysis Week of Mar. 25th

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
JasonFosterII  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis GBPJPY gj trendanalyisis Fibonacci Retracement
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trendanalysis gbpjpy gj trendanalyisis fibonacciretracement
Weekly=Bullish.
Daily=Bullish.
4H=Bullish.

Major rejection on weekly from Monthly Resistance Zone. Daily currently pulled back to 50% daily fib level. 4H deep pullback to 78.6% fib level.

Overall bullish as long as 4h maintains structure. If structure maintains, looking to see price go to top of monthly resistance zone (previous monthly highs) around 195.

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