Technical Analysis:
1- After break the trend line Resistance continue the upward trend with trend line support
2- Feb Ret 1.272 is important point for continue the trend
3- Dow theory HH, HL follow the upward trend
4- RSI also indicate the upward trend
Fundamental Analysis
1- Entry on first breakout of green signal
2- Seasonality shows the bullish trend in GBPJPY
3- Exogenous factors are in favour of GBP.
4- GBP have more positive impact of news than JPY
5- All data of LEI, Exogenous, Endogenous and Final Score are all in favour of GBP.
1- After break the trend line Resistance continue the upward trend with trend line support
2- Feb Ret 1.272 is important point for continue the trend
3- Dow theory HH, HL follow the upward trend
4- RSI also indicate the upward trend
Fundamental Analysis
1- Entry on first breakout of green signal
2- Seasonality shows the bullish trend in GBPJPY
3- Exogenous factors are in favour of GBP.
4- GBP have more positive impact of news than JPY
5- All data of LEI, Exogenous, Endogenous and Final Score are all in favour of GBP.