Currency Pair:GbpJpy
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 179.27
Trend: strong uptrend
Possible trading range: 176-182
Signals: when a V shape pattern appears then we must be ready for further upside moves in the following month
Fundamentals: BOJ has just added extra stimulus to achieve that inflation target of 2%
Forecast: i expect to see this pair staying above 180 level
My target: 180.23
Weekly chart (below)
Daily chart (below)
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