GBPJPY - Are we ready for a reversal?

Long

British Pound / Japanese Yen (FX_IDC:GBPJPY)

FX_IDC:GBPJPY British Pound / Japanese Yen

Trend Analysis Chart Patterns Technical Indicators gbpjpylong GBPJPY

trendanalysis chartpattern indicator gbpjpylong gbpjpy

Hi All

I have waited for this pair to come to the supporting trend line to see if it is worthy of a position.

I do believe this pair will give us an opportunity to long it. There is a bullish divergence meeting the strong support.

I will be monitoring how volume comes in to support price action as and when it happens.

Happy trading

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