GBPJPY has been in a consolidation period period for a few months now, just recently broke upwards putting in substantially higher highs.
Price has retraced back into previous highs providing an opportunity to go long for another upward wave. Candlewicks showing price is respecting this support level
RSI showing pretty huge bullish divergence
Upward trend continuation is probable as there's little historical resistance to stop it.
Price has retraced back into previous highs providing an opportunity to go long for another upward wave. Candlewicks showing price is respecting this support level
RSI showing pretty huge bullish divergence
Upward trend continuation is probable as there's little historical resistance to stop it.