Get started
charliegea

GBPJPY

British Pound / Japanese Yen (OANDA:GBPJPY)  
charliegea  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Trend Lines Fundamental Analysis GBPJPY brexit LONG
3
0
trendanalysis trendline fundamental gbpjpy brexit long
Long term bias on GBPJPY. Price bounced nicely off the long term uptrend and has broken and retested resistance before moving upwards. There is a much longer term downtrend the pair could hit around the 142.00 mark however for now the smaller targets are as shown.
Fundamental issues involve Brexit which may cause uncertainty and therefore iw will make SL entry fairly short into the trades.
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.