By observing GBPJPY on the daily timeframe I believe we have further upside potential in the pair.
PA this week appears extremely bullish and we could see a further push in momentum to meet the previous level of support-turned-resistance zone highlighted.
Yesterday's daily close above the 200 EMA add's further confluence.
For now just a general observation, I will be monitoring the lower timeframes for an entry.
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.