IkanBilisCapital

No men's land for the GBPJPY.

FX:GBPJPY   British Pound / Japanese Yen
The GBPJPY has been trading in a giant consolidation range and has been on a uptrend in this range since December 2021. Are we going to see continued upside or is price going to break down from here? It is unclear just by looking at the charts, in the short term, these levels looks good for a long but control your risk to a bare minimum. We are pretty neutral on this pair for this month.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.