GBPJPY possible upmove in the weeks to come

28 באוג׳ 2018

The pair is near the low border of a price channel started 2 years ago, in the circled area are going to intersect 3 dynamic supports of previous yearly channel plus 2 daily channels that I draw on the chart. With a Reward to Risk of 5 to 1 targeting previous high in this big correction I'm definetly keen to see price in that area with some bullish price action.