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GBPJPY Long Analysis

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Forexplus_ Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis GBPJPY gbpjpylong gbpjpyanalysis forexsignalservice priceactiontrading Bullish Patterns editorspick Technical Analysis multitimeframeanalysis
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trendanalysis chartpattern waveanalysis gbpjpy gbpjpylong gbpjpyanalysis forexsignalservice priceactiontrading bullish editorspick technicalanalysis multitimeframeanalysis
After the close of the daily candlestick, the market closed bullish. We are going with the trend to our level @ 151.515. At the moment we expect a push/break above 150.670 for a buystop.
A better view on the hourly

snapshot

The daily bullish belt.

snapshot

Remember, the market follows the path of least resistance.
Comment:
The hourly trade ran against us.

snapshot
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