GBPJPY; At A Critical Point

This pair is at a very critical point and can go both ways. If you want to go long, break up of the 132.27 resistance line should be the trigger; while breaking down the rising support line can be used as a trigger to go short.

Good luck,

Ali Sharifazadeh, CFTe

Kommentera:

The short position was triggered after the ascending support line broke to the downside.