GBPJPY Longs present!!!

24 thg 4

The GBPJPY has been consolidating for quite some time on the higher timeframes. The Yen is very weak and vulnerable and the pound has been struggling to show growth over the past month. From a technical standpoint, the demand for the pair is present and in the past day, it shows a lot of bullish momentum. My bias stands long as far as trades towards the levels of 193, 194, and 195 before a healthy correction. My community please let me know your feedback to confluence my analysis.