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AlkalineFX

GBPJPY - Trend Continuation

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
AlkalineFX  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY gbpjpyshort gbpjpylong Technical Analysis stoplosshunt sentiment
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trendanalysis chartpattern indicator gbpjpy gbpjpyshort gbpjpylong technicalanalysis stoplosshunt sentiment
In my view the trend is still bullish until we manage to crossover the ascending trend line . I would like to think that price has pulled back to the 4hr resistance level in order to stop loss hunt buyers from the resistance break. We may now see the continuation to the upside.

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