GBPJPY 15 mins -
The strong bounce off yesterday's low is indicating a bull desire. For that to be moving forward, the pair is required to take out the 139.8X listed resistance and get going for a possible 140.3X intra day target.
Will be looking for 139.3X-4X zone to come into test ideally and shows the intend to hold to fortify the view we likely heading for a surge up north..
Alternatively 139.8X holds out and a drop under 139.30 to be opens it up to challenge around yesterday's lows and possibly stabbing further down to 138.6X
Tahir Khan, or better known online as Stryker has been dealing in the global markets for 15 years. He as developed extensive knowledge in FX / Indices / Commodities and Futures. He is one of the most active members on some of the best Forex forums in the world.
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