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$GBPJPY Can Go Much Higher #GBPJPY

Long
FX:GBPJPY   Funt Brytyjski/Jen Japoński
Traders and Investors,

GBPUSD fell to multi-decade lows last year and since then it has been consistently rising up. Whilst GBPUSD itself was not moving that sharply up, other pairs such as GBPJPY showed much higher strength. GBPJPY last week/month crossed an important barrier. If this trend line and this correct resistance level are broken and confirmed, GBPJPY can rise much higher into FCP zones as marked on the chart to complete potential W patterns.

Please note that this is a Weekly/Month time frame so it can take months with a lot of ups and downs.

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1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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-Vik

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The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
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