FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is holding support at the 150.50 level. Price is making higher highs and higher lows on the daily time frame confirming ascending channel , we would have liked to get an entry a lot closer to support channel line but we were given a price action signal that we cannot ignore. Trade Entry-145.82 Stop Loss-145.38 TP1-147.00 TP2-148.00 TP3-149.00 TP4-150.00 hitting our ascending channel line. Will GBPJPY trade higher or turn and trade lower to our support channel line ?
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