GBP/JPY BULLISH from the supportGBP/JPY has broken the lower Bollinger band on the daily timeframe. The price is currently trending downwards, and could be moving upwards due to the Bollinger band break. There is a strong support level around the 149.000 price where we suggest to start buying.
entry: 149.000
S/L: 148.300
target: 152.200
Some fundamentals, with news about Fed raising rates in 2022, in combination with leveraged loan market in the US. We might see money flowing into the less risky JPY.
