GBP/JPY awaiting for clear trend

Hi Guys. Its been a long time that i didint publish analysis here.
So i would think of starting to get back here hopefully can make you clear about the trend currently.

As recently the cause of the Brexit news effect the Pound went for a strong rally.

For GBP/JPY i do see a resistant on 143.810 level. This major level may decide the trend go uptrend or short trend.
I will make a order depending how the trend react when it hits 143.810 level.

I do believe it will rally up to 149.120 level or the trend are strong and 136.000 if the trend turns weak.

Cheers.

Bình luận:

Looking closely on H4 chart for Flag pattern break out and we could see potential up trend.

Giao dịch đang hoạt động:

Buy trade triggered.
****Please trade at your own risk.***

Giao dịch đang hoạt động:

Close long trade. Trend turn opposite due to false break out on D1. Going for short this trade.