tokelohomi

Significant areas on GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
Spotted 155.345 and 162.332 significant areas on the contraction happening in the daily chart. The accumulation has provided three ascending drives alongside divergence occurrence. With this being said, the market is gaining bullish momentum due to how it reacted to the third touch. However, the current price is within the breaker block which is now a delicate area(could experience rejection), but should the area be violated, then we wait for a pullback in order to execute a smooth bullish drive to hit price 162.332...

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