forexology

forexology Updated 

With support 1.2500 still intact going into this week I expect another rally to the upside to retest 1.2800 level as long as 1.2500 is not broken. Buy the dips all the way to the retest of 1.2800 resistance where we should see a reversal to the downside to retest previous support as 1.2800 is quite a strong resistance level. Happy trading :)

forexology

With resistance 133.98 broken last week GBPJPY has bias has tuned turned bullish TP 1 136.00 TP 2 139.00 SL 133.65O