GBPJPY Breaks Higher: Bullish Momentum in Play
GBPJPY has broken out of a bullish triangle, signaling potential for further gains.
Yesterday, GBPJPY surged 170 pips in 10 hours, showing strong momentum.
The pair could continue rising towards 193.50 and 194.00 as accumulation seems to have ended.
The breakout is reinforced by strong UK retail sales, which came in at +1.2% vs. +0.2% expected, boosting GBP strength.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
GBPJPY has broken out of a bullish triangle, signaling potential for further gains.
Yesterday, GBPJPY surged 170 pips in 10 hours, showing strong momentum.
The pair could continue rising towards 193.50 and 194.00 as accumulation seems to have ended.
The breakout is reinforced by strong UK retail sales, which came in at +1.2% vs. +0.2% expected, boosting GBP strength.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade active
Note
Target 1 reachedTrade closed: target reached
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t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.