GBPJPY 6/16/2020 (Buy)

16 Haz 2020

Market recently made heavy support at a previous resistance. Also it's coming out of a Head & Sho0ulders pattern. Usually at the end of that pattern the market will start to head in the opposite direction. The market is consolidating on the 15m chart so I/m expecting a move to the upside, though it may make a break to the downside and hit support again. We will see.