GbpJpy- new leg up on short term?

166
The medium-term trend for GbpJpy is clearly down with the pair dropping almost 1000 pips from the beginning of the month...
However, it seems that this fall has stopped for the moment and the pair has found support just above 133 zone.
A short term buy with a target of 135.50 could be a good choice for scalpers

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.