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lobfxempire

THE BULLS ARE NOT GONE YET!!

Long
British Pound / Japanese Yen (FX:GBPJPY)  
lobfxempire  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Beyond Technical Analysis GBPJPY Bullish Patterns macrossover movingaveragecrossover dailychart dailyanalysis dailytrading GBP gjlong
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trendanalysis indicator beyondta gbpjpy bullish macrossover movingaveragecrossover dailychart dailyanalysis dailytrading gbp gjlong
I'm sensing strong bullish pressure from the Daily Time-frame. Indicated to the left of the chart is a MA crossover between my Exponential & Weighted Moving Averages. Price recently bounced off of Daily Support towards the end of June. I expect the signal EMA to make a potential crossover with the 200 EMA.
(Orange Line) If that occurs i predict price movements towards Daily Resistance.

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