GBPJPY long - Supply Demand

Hello Traders!

On GBPJPY the price is right now at the weekly Demand. From here I do expect that the price is going to continue to move to the upside. Due to so many touches at the weekly TrendLine which is acting as Resistance, I do expect that the price is going to break it due to the creation of the W-Formation. This is also an addition confirmation why I do see GBJPY moving to the upside.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.