GBP/JPY Is Set For Further Highs

The GBP/JPY is very strong. I am bullish on it and I expect new highs.

The Yen weakness coupled with the GBP strength is giving the trade a nice potential for a further move up. We can see that the order block has been tested and there are signs of a possible continuation up. the 151.20-30 zone is where buyers are and I expect 151.60 followed by 152.02. Strong zigzag is in play.

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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...

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