DariusAnucauskas

GBPJPY - Daily - Almost like EURJPY.

FX:GBPJPY   British Pound / Japanese Yen
It almost seems that is doesn't like those bottom levels as the EURJPY its.
To me, this looks like a Bullish formation. But then again, it's a bit too early to make the call. We need a good break of the wedge .

Looking for a BUY if we close above 148.750 with a target of 151 for now.

Looking for a SELL if close below 148 with a target of 146.500 for now.

I believe that, once we get a nice break out of the wedge , we will be seeing some one way traffic for a bit after that.

As always, keep an eye on the price action!
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