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EliteTradingSignals

GBP/JPY BULLS WILL DOMINATE THE MARKET|LONG

Long
Sterlina / Yen giapponese (FX:GBPJPY)  
EliteTradingSignals  
FX:GBPJPY   Sterlina / Yen giapponese
Trend Analysis Chart Patterns Wave Analysis GBPJPY LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpjpy long buy trading bullish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

GBP/JPY is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 165.017.

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