tiseryfx1

GBPJPY analyse H4 timeframe

FX:GBPJPY   British Pound / Japanese Yen
On this trade we have a strong resistance with three tops broken now.
What we waiting is a retest on the 0.618 level of fibonacci.
In that case we have the broken resistance retested, the trendline respected and the fionacci level too.
So three confirmations. The fourth confirmation is th ichimoku bullish cloud.
The fifth confirmation is gonna be the stoch on the oversold once the price hit that zone and the golden cross.
We also have the GDP new for GBP pairs on this friday.
For any update or entry for this pair youre gonna get notified!

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