GBPJPY Setup: Buy Or Sell Are Both Equally Possible

Brittiska pund/Japanska yen (FX:GBPJPY)

FX:GBPJPY Brittiska pund/Japanska yen

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Hi there. I'm looking at possible Bullish move for GBPJPY 4H. It seems like Triple Bottom pattern and price could try to break the neckline (upper black line). If it does, then we can see a Bullish movement from there. Price is currently at Weekly Support.

I'd BUY if it breaks the top black line. It still needs confirmation. Tomorrow got GDP data release on GBP so please be careful as it will give an impact to GBPJPY.

TAYOR and all the best traders!

KHALID HAMID

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