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Tokoloho

GBPJPY Prospect for next week (DECEMBER 2021)

British Pound / Japanese Yen (FX_IDC:GBPJPY)  
Tokoloho Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
Beyond Technical Analysis swingtrading longterminvesting
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beyondta swingtrading longterminvesting
The current price is very critical, if the market breaks below the uptrend we could see the market spiral down to a deep slump. However if it fails to break the uptrend channel it will most possibly continue to be dictated by the uptrend. A key factor here is to really wait for confirmation either for a breakout or a continuation to the upside and remember this is the daily chart after all.
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Do not enter, this is merely an idea. Don`t be afraid to comment.
Comment:
So far so good
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