On the weekly time frame GBPJPY finally managed to break out from its long time resistance. You can see that in the past years it bounced back 3 times but this week it has finally broken it. This means 160+ is next for GBPJPY.
Keep in mind that this is the weekly time frame providing a long term view. There will be plenty of retracements and small corrections to sell.
Keep in mind that this is the weekly time frame providing a long term view. There will be plenty of retracements and small corrections to sell.
Trade active
Trade closed: target reached
banked 240 pips
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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.