JoeChampion

GBPJPY Potential Upsides

Long
FX:GBPJPY   British Pound / Japanese Yen
Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 172.900 zone, GBPJPY is trading in an uptrend and currently seems to be in a correction phase in which it is approaching the major trend 172.900 support zone. Fundamentally with the inflation concerns the market is pricing further rate hikes from BoE.
Trade safe, Joe.

Join our telegram Channel for daily market updates t.me/JoeChampion
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.