Prepare for the Bullish Movement on GBP/JPY by ThinkingAntsOk

2019-12-04 21:13:01

Daily Chart explanation:

On the daily timeframe we observe that price has broke the Weekly Descending Trendline and it has consolidated on an horizontal channel. Today it is breaking it upwards, so, if this candle closes above, we expect a bullish movement towards the next resistance zone.

Weekly Chart:

https://www.tradingview.com/x/B6vZDlFE/