The GBP / JPY continued its bullish break of 121.85 and gave us a new buy signal.
Currently the pair is testing 122.50 resistance next.
All indicators are bullish.
Parity is still evolving over its bullish slant (purple line).
We continue to advise long positions that support is 121.50.
The breaking of 122.50 will give a new buy signal and open the way to 123, then 124.
In case of return below 121.50, we will be neutral between this level and 121.
The break of 121 would give a sell signal.
Currently the pair is testing 122.50 resistance next.
All indicators are bullish.
Parity is still evolving over its bullish slant (purple line).
We continue to advise long positions that support is 121.50.
The breaking of 122.50 will give a new buy signal and open the way to 123, then 124.
In case of return below 121.50, we will be neutral between this level and 121.
The break of 121 would give a sell signal.
