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Anilmehmet

GBP looking bullish as it has found support on the trend line

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Anilmehmet  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis GBPJPY gbpjpylong
2
1
trendanalysis chartpattern fundamental gbpjpy gbpjpylong
Looking at a swing back to old highs after the bearish momentum from this month. RSI indicates that sellers are getting exhausted and we might see a potential trend reversal.

I'm bullish on London and bearish on Tokyo from a fundamental standpoint. Hence my reason for going long on this pair.
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