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JoeJohnsonIV

GBPJPY For A Buy FIB Retracement

Long
British Pound / Japanese Yen (FX:GBPJPY)  
JoeJohnsonIV  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY gbpjpylong LONG buy uptrend Fibonacci Retracement
2
0
trendanalysis chartpattern gbpjpy gbpjpylong long buy uptrend fibonacciretracement
Since price broke above the resistance level in the London session, we could expect GBPJPY to rally up after the fib retracement Gold zone level. Plus, the green candle of the retracement is an inside bar from the previous red candle. Therefore, it is a high chance to rally up.

TP: 153.4+
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