LupaCapital

GBP JPY long opportunity to continue

Largo
WHSELFINVEST:GBPJPY   Libra esterlina/Yen japonés
Hello traders and analysts,

Here is our quick take for GBP JPY - we have had some very good moves on this pair as of late with great opportunities to buy.

Overall the wave is bullish.
With a move on the Monday - to possible sell back to the zone in purple, for longs to regain.
This move could be possible due to the recent structure - price will be needed to hold above the support for long, but keep in mind the wick fills needed on the four hour.

Overall bullish - let's await the Monday move.

The trade we will be taking is the least path of resistance.

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