GBPJPY Possiblity - BUY & SELL View's
First scenario is that price has been stuck in-between the 146.379 and 145.868 area for the past day and we could possibly see price head back up towards the upper resistance at 146.438 where the green rectangle is placed. The trendline has been respected multiple times for a bullish confirmation
Second scenario is that price could break through the trendline and come back to retest heading towards the bottom green rectangle and towards the support at 145.484.
Second scenario is that price could break through the trendline and come back to retest heading towards the bottom green rectangle and towards the support at 145.484.
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