LATEST SIGNAL GBP/JPY

As per our discussed before, the price 151.20 will be the ULTIMATE RESISTANCE (R2) befor the price go higher and higher. From my chart as shown above, broken the trendline from 153.19 to the point which I indicate (i) 151.20, look like first signal the trend will be BULLISH. After LONDON market open, the horizontal line R2 broken again. As pre conclusion, GBP/JPY will be uptrend in this week but the momentum of the trend most probably will continue after LONDON market close while US market open. But at this moment the trend such searching minor support for it to move up. The blue rectangle shown in the chart is the best to put position BUY. I did the pending order at 149.70 take profit at 152.80 and stop lost 149.00. Good luck. Happy trading.

GBP/JPY BUY LIMIT 149.60 TARGET = 152.80.40 STOP LOST = 149.0