GBPJPY Long

12 thg 4, 2020

After ¨the great fall¨ starting on Feb, this pair began to rise fast making a V rebound-type. After this, we can measured the following movements by waves. Wave A arrived to the 50% Fibo Level of the hole crash trend. Then, the price started a lateral movement making a possible bullish Flag pattern. Finally the price has broken the rectangle and now is pointing to 136.00-137.00 levels, finding a very strong resistance in the 61.8% Fibo Level.