I’m considering longing the GBPJPY
What do you think about the GBPJPY? If you are looking for long opportunities I’m with you.
The GBPJPY is trading in a very clear bullish condition, it was clearly rejected from an important LT support level and it is likely to continue its way up.
Now, take a look at the short term charts:
It broke through an important ST resistance level, retraced back and now it is testing the support level.
Do you think it will hold? Let me know.