GBP/JPY Ready to Catch the Next Move!

29 thg 10

GBP/JPY remains in an overall uptrend on higher timeframes. On the M15 chart, we are currently watching for buying opportunities after a breakout of key levels. Special attention is on a potential fakeout at the support zone, where, after a confirmation of the bounce, we could look for entries for long positions. Confirmation of the signal will be crucial to maintain the positive direction in line with the broader trend.