GbpJpy - Counter Trend Line Break

1 Eki 2017

A break of the counter trend line in GbpJpy with price above the key area of support at 150.204 provides a great opportunity for Bulls to look for potential long opportunities in this pair. As long as price stay above the key area of support at 150.204 we will look towards the target of 154.478. A break of key support at 150.204 would confirm a Head and Shoulders pattern indicating a potential reversal to the downside in this pair.