Kasburn

GBP/JPY ideas for the next few candles

Long
FX:GBPJPY   British Pound / Japanese Yen
Getting back into the trading game with an fresh idea. Unsure of my analysis on this. If I see a retest of the resistance level with a move across the moving average, i would be looking to take a short.
Historic structure shows that there is probably more potential upside movement and therefore, will be more inclined to take a trade with a move to the upside, retesting my lower channel resistance line.

I trade on demo, let me know what you think.

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